South Korea Considers Delaying Crypto Tax Again, Traders Await Clarity
South Korea may postpone its planned 22% crypto gains tax until 2029, extending existing delays.
South Korea may postpone its planned 22% crypto gains tax until 2029, extending existing delays. This is an original Token Times brief synthesising 2 outlets (Crypto.news, CryptoPotato), plus live market data, as of Wed, 28 Oct 2026 00:00:01 UTC.
The potential delay could significantly impact South Korean crypto traders and market participation by pushing back the implementation of a major taxation policy. It also reflects ongoing regulatory uncertainty in a key Asian market.
- South Korea may delay its 22% crypto tax until 2029, extending previous postponements.
- The current scheduled start date is January 2027, with three prior suspensions since 2020.
- Presidential office supports the delay, but National Assembly approval is still needed.
- Market cap at $2.77T, Bitcoin up 1.43% as broader market shows strength.
Both Crypto.news and CryptoPotato report that South Korean officials are considering postponing the planned 22% crypto gains tax, with the presidential office supporting a delay until 2029. However, CryptoPotato specifies that the current scheduled start date is January 2027, highlighting the three previous suspensions since the tax was first announced in 2020. The outlets agree on the proposed delay but differ slightly in emphasizing the historical context of prior suspensions.
South Korean officials are discussing another potential delay in implementing the country's planned 22% crypto gains tax, which was initially set to begin in 2020. The presidential office has indicated support for postponing the tax until 2029, according to multiple outlets.
The current scheduled start date for the tax is January 2027, following three previous suspensions since its initial announcement. The National Assembly has yet to pass the proposed 2029 delay, leaving the situation in flux.
CryptoPotato and Crypto.news both corroborate the potential delay, with CryptoPotato providing additional context on the historical timeline of the tax's implementation and prior suspensions.
The tax policy has been a subject of debate in South Korea, with the government attempting to balance the need for revenue against concerns about stifling crypto market growth. The repeated delays suggest ongoing uncertainty in the regulatory environment.
In the broader market context, the total crypto market cap stands at $2.77 trillion, with 
Bitcoin up 1.43% in the past 24 hours. The overall market sentiment, as measured by the Fear & Greed Index, remains neutral at 48.
South Korea Considers Delaying Crypto Tax Again, Traders Awa — questions & answers
When was the crypto tax originally scheduled to start?
The tax was first announced in 2020 and has been delayed three times since then.
What is the current proposed delay for the crypto tax?
The presidential office supports postponing the tax until 2029.
How has the market reacted to the potential delay?
The broader market is up, with Bitcoin rising 1.43%, but the delay's direct impact is unclear.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news, CryptoPotato, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.