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Korea Delays Crypto Tax to 2029, Fourth Postponement
South Korea will postpone cryptocurrency income taxation by another two years, pushing implementation to 2029 from January 2027, Finance Minister Lee Hyoung-il announced on November 5. This marks the fourth delay, following three previous postponements, and the government cited gaps in overseas data and rules as reasons, Yonhap and Korea Times report. The ruling Democratic Party leader Kim Min-seok had proposed postponing the tax at a Supreme Council meeting on November 4, KBS World reports. Korean media and commentators are debating tax fairness and policy credibility after repeated delays, with Korea Times noting major economies like the US and Britain already tax crypto gains, though rates and allowances vary.


















