Wu Blockchain (@WuBlockchain): South Korea to Enforce Long-Delayed Crypto Tax in 2027, Raising Trading Volume Concerns

South Korea to Enforce Long-Delayed Crypto Tax in 2027, Raising Trading Volume Concerns South Korea will begin taxing crypto gains on January 1, 2027, as scheduled, Deputy Prime Minister and Finance Minister Koo Yun-cheol said, ending speculation over another delay. Annual gains exceeding KRW 2.5 million will face a 20% separate income tax, rising to 22% with local taxes. Koo said shortcomings could be addressed after implementation. The tax, originally due in 2022, has been postponed three times and may further pressure trading activity in one of the world’s largest retail crypto markets.