South Korea Considers Further Delaying Cryptocurrency Income Tax as Regulators Weigh Young Investors’ Reactions South Korea is considering extending the delay of cryptocurrency income tax, originally set to take effect in January 2027, due to concerns over reactions from young investors. Under the new proposal, the tax implementation could be pushed back to 2029, with profits exceeding 2.5 million won currently expected to be taxed at 22%. The cryptocurrency industry argues that the tax system remains underdeveloped, struggles to monitor overseas transactions, and needs to be aligned with the OECD’s CARF reporting framework.