The South Korean government has officially delayed the implementation of its 22% cryptocurrency tax from January 2025 to . However, as of April 2026, new legislative efforts are underway to abolish the tax entirely before that date. Current Status of the Crypto Tax Effective Date: Currently postponed to January 1, 2027.

Gains exceeding KRW 2.5 million (approx. $1,800) per year. Latest Legislative Developments (April 2026)

Unlike the high threshold for major shareholders in traditional stocks, crypto investors face a blanket tax on much smaller gains.

South Korea delays crypto capital gains tax to 2027 - The Paypers

In January 2026, the Financial Services Commission lifted a nine-year ban, allowing listed companies to allocate up to 5% of their equity to digital assets to help bring capital back into the country. Enforcement Infrastructure

Despite the possibility of abolition, the National Tax Service (NTS) continues to build an advanced enforcement system: