South Korea meets crypto exchanges over 2027 tax
Briefing by News4U · First published
Officials met exchanges Tuesday to discuss guidelines for the planned virtual-asset tax starting January 2027.
South Korean finance officials met representatives from Upbit, Bithumb, Coinone, DigitalX and Gopax on Tuesday to discuss the planned cryptocurrency tax scheduled for January 2027. [1] [2]
Exchange operators urged the ministry to issue detailed guidelines, citing complex trading methods and the need for time to build and test tax-reporting systems. [2]
First Vice Finance Minister Kwon Dae-young said the government would review taxation criteria and filing ease while respecting the principle that income is taxed. [2]
Sources
- South Korea to meet crypto exchanges amid calls for tax delay
Cointelegraph · · Full text
- Cryptocurrency exchange operators call for detailed taxation guidelines
Yonhap Business · · Full text