South Korea Moves Toward Fourth Crypto Tax Delay as 2029 Becomes the New Target

South Korea is moving toward postponing cryptocurrency income taxation for a fourth time, with the presidential office and government considering shifting the start date from January 1, 2027, to January 1, 2029. Korean reporting on October 25 indicates that the administration has increasingly moved in favor of another two-year delay, citing incomplete tax-reporting infrastructure, the challenge of tracking overseas transactions and concerns that domestic investors could face an uneven burden before international information-sharing systems are fully operational. The postponement has not yet become law, however, and government-party consultations and parliamentary approval are still required before the existing 2027 implementation date changes.