Gains exceeding KRW 2.5 million (approx. $1,800) per year. Latest Legislative Developments (April 2026)
An estimated $110 billion in capital exited South Korean exchanges for offshore platforms in 2025 specifically to evade the upcoming tax. South Korea’s Crypto Tax Delayed Until Jan 2025
Unlike the high threshold for major shareholders in traditional stocks, crypto investors face a blanket tax on much smaller gains. Gains exceeding KRW 2
In January 2026, the Financial Services Commission lifted a nine-year ban, allowing listed companies to allocate up to 5% of their equity to digital assets to help bring capital back into the country. Enforcement Infrastructure South Korea’s Crypto Tax Delayed Until Jan 2025
The ruling People Power Party (PPP) introduced a bill in late March 2026 to strike the digital asset tax from the Income Tax Act completely.