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Korea's crypto tax faces fourth delay amid backlash
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, according to the Korea Times. The delay comes as the Bank of Korea pushes for monthly reporting of domestic virtual asset balances for users with overseas transfer history, sparking controversy, as reported by Business Korea. Korean investors and industry voices are pressuring the government to postpone the tax, reflecting broader concerns about the impact on the crypto market and youth investors.


















