South Korea weighs fourth delay of 22% crypto tax to 2029
South Korea's presidential office is reviewing a fourth postponement of the country's 22% tax on crypto gains, moving the start from January 2027 to 2029, Bitcoin Magazine reported, citing Newsis. A presidential office official said missing U.S. trading data is the biggest bottleneck, since Washington does not join the OECD's Crypto-Asset Reporting Framework until 2029.
Only one publisher so far. Another independent outlet or an official source would raise it.
core coin BTC · afterwards moved 6.8× its usual range against BTC
Key facts
Attributed sources: Bitcoin Magazine
BTC after this site detected it
- 5 minutes+0.31%Gate · USDT
- 1 hour+0.98%Gate · USDT
- 24 hours—Window not complete
Claims and open questions
What sources claim
- The presidential office said it is in talks with government agencies about a delay, citing gaps in the regulatory framework and the problem of treating domestic and overseas trades the same way, according to Newsis reporting.
- The levy applies a 20% national rate plus a 2% local rate to annual income from the transfer or lending of virtual assets above a 2.5 million won ($1,888) deduction.
- A presidential office official told Newsis that the absence of U.S. trading data is the biggest bottleneck, with South Korea among the first group of jurisdictions set to begin exchanges in 2027 while the United States does not join until 2029.
Still unresolved
- Whether the presidential office will formally adopt the 2029 start date, and whether it would come through the bill filed by Democratic Party lawmaker Park Min-gyu and 13 colleagues or another route, would be confirmed by an official announcement or a National Assembly vote.
Source evidence
bitcoinmagazine.com
Published 26/10/2026, 14:06 · Received 26/10/2026, 14:08
Market reaction after detection
Measured from the sample nearest site detection, on the same source and quote currency.
| Window | Return | Actual sampled interval / source |
|---|---|---|
| 5 minutes | +0.31% | 26/10/2026, 14:08 → 26/10/2026, 14:13 (UTC) Gate · USDT |
| 1 hour | +0.98% | 26/10/2026, 14:08 → 26/10/2026, 15:08 (UTC) Gate · USDT |
Historical market context
Closed hourly candles from the 30 days before this event observation. Different venues are kept separate. Research: hourly returns and BTC beta →
| Metric | Value |
|---|---|
| Hourly coverage | 100.0% (720/720) |
| Median absolute 1h return | 0.14% |
| 99th percentile of absolute 1h returns | 1.01% |
OKX · USDT · Context as of 26/10/2026, 14:08 · Last included candle closed 26/10/2026, 14:00
Event timeline
Source publication, receipt and analysis times are separate. All times UTC.
Source published: Bitcoin Magazine
Source received: Bitcoin Magazine
Event first detected by this site
English explanation generated
Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. Methods and limitations →
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