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South Korea Sees Renewed Calls to Delay Crypto Tax, Related Bill Proposes Implementation in 2029

Senior officials from South Korea's finance ministry plan to hold consultations with major cryptocurrency exchanges on Tuesday, with participants including representatives from Upbit, Bithumb, Coinone, DigitalX, Gopax, and the Digital Asset Exchange Alliance (DAXA). Yoo Young-jun, Director General of the Digital Finance Policy Bureau at South Korea's Financial Services Commission, will attend the meeting.South Korea has postponed the crypto tax three times, most recently pushing the implementation date to 2027. Exchanges say that applicable rules for different transaction types have not yet been determined and that infrastructure preparation time is limited, with the industry broadly supporting a further delay of the tax.South Korean Democratic Party lawmaker Park Min-gyu recently proposed a bill that would set the tax start date as January 1 of the second year after South Korea begins sharing data under the OECD Crypto-Asset Reporting Framework (CARF). If the first data exchange takes place in 2027, the tax would begin in 2029. (Cointelegraph)

South Korean cryptocurrency exchanges, constrained to spot trading, saw Q2 trading volume decline by 33% while facing a dual dilemma of regulatory pressure and tax burdens.

据 Daum 报道,在全球加密货币交易所积极拓展永续合约、期权及传统股票等衍生品业务之际,韩国本土交易所因监管限制仍仅能提供现货交易。CoinGecko 数据显示,2026 年第二季度,Upbit、Bithumb、Coinone、DigitalX(原 Korbit)和 GOPAX 等韩国五大韩元交易所的现货交易总额约为 1467 亿美元,较一季度的 2188 亿美元减少 33.0%。