🇰🇷 South Korea could delay its 22% crypto tax until 2029 for the FOURTH time.
A new bill proposes postponing the tax from January 2027. If approved, a tax originally planned for 2022 will be delayed by SEVEN years.
⚠️ The delay is under review. No final decision yet.
The difference between SOUTH KOREA 🇰🇷 and NORTH KOREA 🇰🇵 that you might not know:
🔴 SOUTH KOREA
• Crypto users: Approximately 11.13M
• Stock investors: Approximately 14.42M
• Major crypto exchange: Upbit
• Crypto tax: 22% on annual gains above ₩2.5M, currently scheduled from Jan 1, 2027.
🔵 NORTH KOREA ↓