South Korea plans to tax crypto gains over $1,740 as political battle moves to parliament

CryptoInfo Editorial Team · Published on July 30, 2026 at 11:17 · Updated on July 30, 2026 · 1 min read

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Key Takeaways

→South Korea plans to tax cryptocurrency gains over $1,740 from January 1, 2027.
→The measure is moving to parliament for discussion after being delayed three times.
→The government does not intend to postpone the crypto tax implementation for a fourth time.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

South Korea is moving forward with its plan to tax cryptocurrency gains, with the measure set to take effect on January 1, 2027. According to reporting from CoinDesk, the country plans to tax gains exceeding $1,740. This development indicates that the government does not intend to postpone the measure for a fourth time.

The proposal is now headed to parliament for discussion, marking a significant step in the implementation of the crypto tax. The plan to tax cryptocurrency gains has been in the works for some time, with previous delays pushing back its implementation.

Source: CoinDesk ↗