Saturday, November 7, 2026
EN
We Being News

Only the news you need, a paper that ends

Breaking
Policies · Under review · 3 sources combined

Cryptocurrency taxation delayed
Democratic Party submits to government

Deadline Deadline January 1 · Original cryptocurrency taxation implementation date
Photo: 연합뉴스

In short

Discussion has begun on whether to postpone cryptocurrency income taxation scheduled for implementation in January next year.

On the 27th, the Democratic Party gathered opinions at a plenary session and decided to submit them to the government.

If taxation goes ahead as planned, a 22% tax rate applies to cryptocurrency income minus 2.5 million won.

Key facts

WhenOn October 27, 2026, the Democratic Party held a state audit response meeting and a plenary session.
WhoDemocratic Party Floor Leader Han Byung-do and Policy Committee Chair Kwon Chil-seung stated their positions.
WhatReview whether to postpone cryptocurrency income taxation scheduled for implementation next January.
HowGather party opinions at a plenary session, submit to the government, and decide through party-government consultations.

What it means for me

If you are investing in cryptocurrencies, whether taxation takes effect in January next year may change.