Korea Unveils Cryptocurrency Tax Regime Amid Investor Confusion

South Korea has announced that it will begin taxing crypto gains on January 1, 2027, marking the end of repeated delays.

The government's decision means annual gains above 2.5 million won (approximately $1,750) will face a combined 22% rate, while losses cannot be carried into later years.

Crypto-to-crypto swaps are considered taxable disposals, creating record-keeping problems that the software market has yet to solve.