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Korea leans toward 4th delay of crypto tax

The government is leaning toward postponing the planned January tax on cryptocurrency gains, which would mark the fourth delay since the 2020 law revision, according to Dong-A Ilbo and Maeil Business Newspaper. The presidential office cited respect for the “youth asset ladder,” and analysts see the move as mindful of low approval ratings among people in their 20s and 30s, who are sensitive to crypto policy. Both the Democratic Party and the People Power Party have also supported the delay, with the National Assembly session in November seen as a key step. Korea Times reports the tax could face a fourth postponement amid calls from investors, the industry, and lawmakers.

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