South Korean minors received 2.7x more crypto gifts in 2025

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Digital asset news from South Korea shows that minors under 18 received 4.034 billion KRW in crypto gifts in 2025, a 2.7x increase from 2024. The National Tax Service reported 423 total cases, valued at 45.862 billion KRW. Inflation data remains stable, but regulators plan to implement stricter virtual asset tax rules by 2027, including unified reporting for major exchanges such as Upbit and Bithumb.

Huo Xing Finance reports, according to the Central Daily, citing data from the National Tax Service, South Korea recorded 423 cases of virtual asset inheritance and gifting in 2025, totaling KRW 45.862 billion—increasing by 2.4 times and 3.4 times year-over-year, respectively. Among these, 103 cases involving gifting of virtual assets to minors under 18 amounted to KRW 4.034 billion, a roughly 2.7-fold increase from KRW 1.47 billion in 2024. South Korea plans to further strengthen virtual asset tax regulation starting in 2027, including Upbit, Bithumb, and other VASPs in the unified inquiry system for financial assets related to inheritance and gifting.

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