South Korea Considers Fourth Crypto Tax Delay, Potentially Pushing Implementation to 2029

South Korea is reportedly considering another postponement of its planned cryptocurrency tax, potentially moving implementation from January 2027 to 2029.
A proposal from the ruling Democratic Party would delay the 22% tax amid concerns about uneven enforcement between domestic exchanges and overseas trading platforms.
Supporters of postponement argue that Korean exchange users could face disproportionate reporting obligations before international crypto tax information-sharing systems become fully operational.
The presidential office has reportedly confirmed that a delay is under review, but no final decision has been made. The tax is still scheduled to begin in January 2027 unless legislation changes that date. If approved, the latest postponement would extend a policy originally scheduled for 2022 by seven years.