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Korea's crypto tax faces 4th delay amid pressure

Korea's tax on cryptocurrency gains, scheduled to take effect in January, could face a fourth postponement as the government turns cautious amid mounting calls for a delay from investors, the industry and lawmakers, the Korea Times reports. Separately, the Bank of Korea is pushing for a plan requiring monthly reporting of domestic virtual asset balances for users with a history of overseas virtual asset transfers, which has sparked controversy, according to Business Korea. Korean investors and industry voices are pressuring for the delay, while the BOK's reporting proposal has drawn mixed reactions, though specific public sentiment is not detailed in available reports.

  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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