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Korea mulls 4th delay of crypto tax
South 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. The Korea Economic Daily adds that the presidential office's stance on a deferral signals a 'fourth delay' is in motion, noting that 48 countries currently levy such taxes while Korea, swayed by public opinion, may postpone again. Meanwhile, the Bank of Korea is pushing for monthly reporting of domestic virtual asset balances for users with overseas transfer histories, a plan that has sparked controversy, according to Business Korea. Korean investors and industry voices are pressuring for the delay, and lawmakers are joining the calls, reflecting broad public sentiment against the tax.


















