COINDESK · 2026-10-26 14:51 UTC

South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029

South Korea is considering delaying its cryptocurrency gains tax for a fourth time, pushing implementation from January 2027 to 2029. The presidential office cites concerns that the tax burden would fall mainly on users of South Korea-based exchanges because authorities cannot track activity on U.S. platforms, with nearly half the crypto market being in the U.S. The delay aligns with the OECD's Crypto-Asset Reporting Framework timeline, under which the U.S. will not begin sharing crypto trading data until 2029, compared to South Korea's 2027 start date.

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