South Korea weighs fourth delay to crypto gains tax until 2029
In short
South Korea is thinking about delaying its crypto gains tax again, possibly until 2029. The report says officials worry people on domestic exchanges would end up paying the tax because the U.S. will not share trading data before then.
This matters for crypto users and exchanges in South Korea because the tax may not start soon. The story does not say whether the delay is final or how the rule will be written.
What the reporting says
South Korea is weighing a fourth delay to its crypto gains tax, which could push implementation to 2029. The publisher-supplied summary says officials are worried domestic exchange users would bear the tax burden because the U.S. will not share crypto trading data until 2029. The immediate consequence is continued uncertainty over when the tax starts, while the reporting does not confirm a final decision.
Why it matters
South Korea is considering a fourth postponement of its crypto gains tax, potentially moving the start date to 2029. The reported reason is concern that domestic exchange users would shoulder the tax burden before U.S. trading data-sharing begins. That leaves crypto traders and exchanges facing policy uncertainty. The reporting does not state a finalized delay or any revised enforcement details.