South Korea Moves to Postpone Crypto Gains Tax Until 2029
South Korea’s political parties and government agreed to delay taxation of digital asset gains, with a revised bill expected to face a year-end vote.
South Korea’s political parties and government agreed to delay taxation of digital asset gains, with a revised bill expected to face a year-end vote. This is an original Token Times brief based on reporting by The Coin Republic, with live market data added, as of Thu, 05 Nov 2026 20:00:01 UTC.
A two-year postponement would give cryptocurrency investors additional time before a planned 22% tax on gains takes effect while regulators refine the taxation framework. The change may also influence how South Korea develops its approach to digital asset taxation.
- South Korea agreed to delay crypto gains taxation for another two years.
- U.Today places the deferred 22% tax’s implementation in 2029.
- A revised tax bill still requires a year-end vote.
- Crypto market cap stands at $2.62T as Bitcoin falls 5.20%.
- South Korea Proposes 2029 Delay for 22% Crypto Tax Implementation
- South Korea Pushes Crypto Gains Tax Back to 2029
- South Korea Moves to Postpone Crypto Gains Tax Until 2029 — this brief
South Korea’s ruling party, opposition leaders, and government have agreed to postpone the planned taxation of cryptocurrency gains for another two years. The Coin Republic reported the cross-party agreement, describing it as the latest extension of the country’s delayed digital asset tax schedule.
U.Today said the move postpones the planned 22% tax on cryptocurrency gains until 2029. That reporting frames the delay as additional tax relief for investors while authorities continue refining the regulatory framework for digital assets.
The agreement does not mean the revised legislation has completed the approval process. According to The Coin Republic, a revised tax bill is still expected to go to a vote by the end of the year, leaving the final legislative timetable as an important implementation condition.
The development follows South Korea’s earlier decision to delay crypto taxation. While both outlets cover the same two-year extension, U.Today provides the specific 22% rate and 2029 timing, whereas The Coin Republic supplies more detail about the political consensus and the pending year-end vote.
Market conditions were broadly negative when the report was prepared. The total crypto market capitalization stood at $2.62T, 
Bitcoin was down 5.20% over 24 hours, and the Fear & Greed Index registered 50, corresponding to a neutral reading. The tax proposal does not concern a specifically named coin, so the broader market and Bitcoin data provide general risk context rather than a direct measure of the policy’s effect.
The key issue to watch is whether the revised bill advances through the year-end vote and retains the delayed implementation timetable. For investors, the immediate significance is the additional two-year period before the planned gains tax is scheduled to apply; for policymakers, the postponement gives regulators more time to refine the framework.
South Korea Moves to Postpone Crypto Gains Tax Until 2029 — questions & answers
When would South Korea’s crypto gains tax take effect?
U.Today reports that the planned 22% tax on cryptocurrency gains would be delayed until 2029.
Who agreed to South Korea’s crypto tax delay?
The Coin Republic says the ruling party, opposition leaders, and government reached agreement on postponing the tax.
Has the revised crypto tax bill received final approval?
No. The Coin Republic reports that the revised bill still awaits a year-end vote.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Coin Republic. 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.