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CryptoTelegramFiled 29 h ago

[CoinDesk] South Korea's ruling party wants to delay its crypto tax again South Korea's ru...

Open the sourceReported by Telegram, t.me, 4 November 2026, by CoinDeskGlobal
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South Korea’s ruling party has proposed postponing the country’s crypto tax by roughly two years, citing the need to align with global tax-sharing rules and a forthcoming digital assets law. The delay would push back the planned levy on crypto gains, extending a reprieve for domestic traders and exchanges. The party argues that waiting for clearer international standards and a new regulatory framework will reduce uncertainty for the market. The move matters because it signals continued policy caution in one of Asia’s most active retail crypto markets, potentially softening near-term compliance costs for investors. What to watch next is whether the opposition-controlled legislature approves the delay and how the pending digital assets bill defines taxable events and reporting duties.

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

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South Korea, ruling party