Wire · regulatory
South Korea considers fourth delay to cryptocurrency tax
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 26 October 2026 · Fusion42 review
South Korea is considering a fourth delay to its planned 22% cryptocurrency income tax originally set for January 2027, amid industry and legislative concerns over regulatory gaps and fairness between domestic and overseas exchanges. Industry groups and lawmakers call for postponement until 2029, aligning with the OECD's Crypto-Asset Reporting Framework timeline.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must anticipate another delay in crypto tax enforcement and focus on compliance systems that work across borders. The unequal enforcement risk between domestic and overseas exchanges puts your cross-border transaction tracking and reporting capability front and centre.
◆ Coverage
1 source · 26 Oct 2026
◆ Related on Wire
◆ Topics