South Korea Delays 22% Crypto Tax for Fourth Time Until 2029

South Korea has postponed its planned 22% cryptocurrency gains tax for a fourth time, moving the start date from January 2027 to 2029. The delay gives the government an additional two years to prepare the tax system, while crypto investors avoid the levy for longer. The repeated postponements underscore the difficulty policymakers face in implementing crypto taxation. It matters because South Korea is one of the largest crypto trading markets, and the delay removes a near-term overhang on investor sentiment. What to watch next is whether the government finalizes the tax framework before the 2029 deadline or delays again.