South Korea's five major crypto exchanges plan to push for a fourth delay of the 22% crypto tax, with the ruling party proposing postponement to 2029

Odaily reports that South Korea's five major cryptocurrency exchanges plan to hold a meeting with the government on October 20 to push for a fourth delay of the 22% cryptocurrency tax originally scheduled to take effect in January 2027.

South Korea's cryptocurrency taxation policy has already been postponed three times, and the related bill currently proposed by the ruling party aims to further delay implementation to 2029. The upcoming meeting will gather industry opinions on cryptocurrency taxation arrangements, and whether another delay will be granted remains undetermined. (Cointelegraph)