South Korea Considers Delaying Crypto Tax Again, Pushes Start to 2029
South Korea's planned 22% crypto gains tax may be postponed until 2029, following multiple delays since its 2020 announcement.
South Korea's planned 22% crypto gains tax may be postponed until 2029, following multiple delays since its 2020 announcement. This is an original TLT brief synthesising 2 outlets (Crypto.news, CryptoPotato), plus live market data, as of Wed, 28 Oct 2026 00:30:03 UTC.
The repeated delays highlight ongoing regulatory uncertainty around crypto taxation in South Korea, affecting investor confidence and market participation. The potential postponement to 2029 suggests significant political pressure to reassess the policy's implementation.
- South Korea's 22% crypto tax may be delayed from 2027 to 2029.
- The tax was initially set in 2020 and has been suspended three times.
- The presidential office supports the delay, but the National Assembly hasn't passed it.
- Market cap $2.77T; Bitcoin up 1.43% in 24h; market sentiment neutral.
Both Crypto.news and CryptoPotato report that South Korea is considering postponing its planned 22% crypto gains tax, with the presidential office supporting a move to 2029. However, CryptoPotato specifies that the current scheduled start date is January 2027, while Crypto.news focuses on the ongoing discussions without mentioning the current date. Both outlets agree that the tax was first introduced in 2020 and has been suspended three times since then.
- South Korea Proposes 2029 Delay for Crypto Tax Implementation
- South Korea Considers Delaying Crypto Tax Again, Pushes Start to 2029 — this brief
South Korean officials are discussing the possibility of postponing the implementation of a 22% tax on crypto gains, which is currently scheduled to begin in January 2027. The presidential office has signaled support for pushing the start date to 2029, but this change has not yet been approved by the National Assembly.
This is not the first time the tax has been delayed. The 22% levy was first announced in 2020, and since then, it has been suspended three times. The repeated delays reflect the ongoing debate and uncertainty surrounding the regulation of cryptocurrency in South Korea.
While the presidential office's support for the delay indicates a potential shift in policy, the lack of approval from the National Assembly means that the current schedule remains in place. This has led to confusion among traders and investors, who are still required to maintain detailed records of their transactions for tax purposes.
The proposed tax has been a contentious issue in South Korea, with many in the crypto community arguing that it could stifle innovation and drive investors to offshore exchanges. The delays in implementation suggest that policymakers are grappling with how to balance the need for regulation with the desire to foster a vibrant crypto market.
In the broader market context, the total cryptocurrency market cap stands at $2.77 trillion, with 
Bitcoin up 1.43% in the last 24 hours. The overall market sentiment, as measured by the Fear & Greed Index, is neutral at 48, indicating a wait-and-see approach among investors as they monitor regulatory developments.
South Korea Considers Delaying Crypto Tax Again, Pushes Star — questions & answers
When was the crypto tax originally scheduled to start?
The tax was first announced in 2020 and is currently scheduled to begin in January 2027.
How many times has the crypto tax been delayed?
The tax has been suspended three times since its 2020 announcement.
What is the proposed new start date for the crypto tax?
The presidential office supports delaying the tax until 2029, but this has not yet been approved.
Which outlets reported this story?
This is an original TLT 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 TLT 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.