South Korea Set to Defer 22% Crypto Gains Tax to 2029
An agreement would postpone South Korea’s proposed cryptocurrency capital-gains tax and allow a limited period for carrying forward accumulated losses.
An agreement would postpone South Korea’s proposed cryptocurrency capital-gains tax and allow a limited period for carrying forward accumulated losses. This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Fri, 06 Nov 2026 06:00:01 UTC.
The deferral would give South Korean crypto investors two additional years before the proposed 22% gains-tax regime takes effect while the framework is refined. The reported loss-carryforward mechanism could also affect when taxable gains are recognized.
- Two-year deferral pushes the proposed rollout from January 2027 to January 2029.
- Crypto Economy says accumulated losses can carry forward for three years.
- Bitcoin fell 5.79% over 24 hours amid a broadly declining market.
- Total crypto capitalization stands at $2.61 trillion; Fear & Greed is 28.
- 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
- South Korea Set to Defer 22% Crypto Gains Tax to 2029 — this brief
South Korea’s government and major political parties have reportedly agreed to postpone the country’s proposed 22% tax on digital-asset capital gains. Crypto Economy says the revised proposal would shift the effective date from January 2027 to January 2029, turning what had been planned as a January 2027 rollout into a two-year deferral.
The revised approach reported by Crypto Economy would also create a mechanism for carrying forward accumulated investment losses for three years against future taxable gains. U.Today likewise says the delay gives investors two more years of tax relief while regulators work on the surrounding framework.
Both Crypto Economy and U.Today corroborate the central elements: a proposed 22% cryptocurrency gains tax and a postponement to 2029. Crypto Economy offers greater specificity on the original January 2027 date and the three-year loss-carryforward provision, whereas U.Today describes the policy more broadly as a period of tax relief while the framework is refined.
The agreement follows South Korea’s decision to prepare a capital-gains tax structure for digital assets. As presented by the outlets, the postponement is tied to further policy development, with Crypto Economy highlighting the participation of the government and major political parties in the reported agreement.
The broader crypto market was weak when the tax proposal was reported. Total market capitalization stood at $2.61 trillion, 
Bitcoin was down 5.79% over 24 hours and the Fear & Greed index registered 28, classified as Fear. The tax deferral itself concerns South Korean policy, but the figures show that the announcement coincided with a broadly declining market rather than a period of broad crypto strength.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
South Korea Set to Defer 22% Crypto Gains Tax to 2029 — questions & answers
When would South Korea’s crypto gains tax take effect?
The reported proposal would move the effective date from January 2027 to January 2029.
What is the proposed cryptocurrency gains-tax rate?
Both Crypto Economy and U.Today report a proposed rate of 22% on digital-asset capital gains.
Would investors be able to carry forward crypto losses?
Crypto Economy reports that the revised proposal includes a three-year mechanism for applying accumulated losses against future taxable gains.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy. 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.