South Korea Weighs Fourth Delay of Crypto Tax, Pushing Start to 2029

South Korea's government and lawmakers are leaning toward postponing the crypto income tax from January 2027 to 2029. The main obstacle is that the US, roughly half the global crypto market, won't join the OECD's CARF until 2029, plus inadequate tax infrastructure.

• Crypto taxation has already been delayed three times since the 2020 amendment
• The US, about half the global crypto market, won't share tax data until 2029
• 73.7% of investors oppose the current tax plan; petitions passed 50,000 signatures
• A decision is expected in parliament's tax review in late November or early December