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Korea weighs 4th delay of crypto tax

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. The Bank of Korea is separately pushing for a plan requiring monthly reporting of domestic virtual asset balances for users with overseas transfer histories, which has sparked controversy, according to Business Korea. Korean reactions center on investor and industry pressure for delay, with the government's caution linked to low approval ratings, though the documents do not specify a youth-led backlash.

  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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