Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

CryptoCoinDeskFiled 20 h ago

South Korea's ruling party wants to delay its crypto tax again

Open the sourceReported by CoinDesk, coindesk.com, 4 November 2026, by Omkar Godbole
Impact 50 of 100, routine

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

South Korea’s ruling Democratic Party has formally moved to delay the country’s planned crypto gains tax, with lawmaker Kim Min-seok arguing that a digital-asset framework should be enacted before taxation begins. A two-year postponement is under discussion, though the legal start date remains Jan. 1, 2027. The push matters because it signals that the ruling party wants market rules in place before taxing crypto investors, potentially reshaping the timeline for one of Asia’s largest retail trading markets. What to watch next is whether the National Assembly codifies the delay or leaves the 2027 start date intact.

Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.

Also reported by

Named in this story

South Korea, Kim Min-seok, Democratic Party of Korea