South Korea delays crypto gains tax for fourth time, pushes start to 2029

South Korea is leaning toward a fourth delay of its cryptocurrency gains tax, now targeting a 2029 start instead of January 2027. The delay stems from concerns that domestic exchange users would bear the tax burden, as the U.S. will not begin sharing crypto trading data under the OECD's Crypto-Asset Reporting Framework until 2029, making it difficult for South Korean authorities to track cross-border holdings. Parliament must still approve the amendment, with a final decision expected by early December.