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Korea weighs 4th crypto tax delay amid CARF reporting push

Korea's tax on cryptocurrency gains, set 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 transfer transactions, sparking controversy, according to Business Korea. Korean reactions are mixed: investors and industry groups urge delay, while the central bank's reporting proposal has drawn criticism over privacy and regulatory burden.

  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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