Crypto Tax Could Cut Korea's Trading Volume by 258 Trillion Won

A virtual asset income tax taking effect Jan. 1, 2027 could cut trading volume on Korea's three largest exchanges by about 30%, from roughly 859.8 trillion won this year to 601.9 trillion won. In a Tiger Research survey of 2,423 investors, 73.1% said they would reduce use of domestic exchanges and 68.1% would shift to overseas platforms.

• Tiger Research: trading volume at Korea's top three exchanges to fall 30% to 601.9 trillion won
• 73.1% of investors would cut use of domestic exchanges, 68.1% would move overseas
• Exchange fee revenue expected to drop by about 304.8 billion won
• 82.9% of investors oppose the tax or want another postponement