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Korea Times reports government considering fourth delay for crypto tax

Korea Times reports that the government is considering a fourth postponement of the cryptocurrency gains tax, which was scheduled to take effect in January, due to mounting calls for a delay from investors, the industry, and lawmakers amid low approval ratings. The Bank of Korea is also pushing for a plan that would require monthly reporting of domestic virtual asset balances for users with a history of overseas transactions, sparking controversy.

  1. Korea's crypto tax faces 4th delay as gov't turns cautious amid low approval ratings Korea Times · 2026-10-21
  2. Bank of Korea Seeks Monthly Crypto Transfer Reporting Business Korea · 2026-10-23

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