South Korea Ruling Party Weighs Another Delay to 22% Crypto Tax Before January 2027
South Korea's ruling Democratic Party met on October 27 to discuss delaying crypto asset taxation but reached no formal position, floor spokesperson Jeon Eunsoo said, adding it will gather more opinions and decide quickly. A 22% tax on annual crypto transfer and lending gains above a 2.5 million KRW exemption is set to start January 1, 2027, after three prior delays.
