Five major South Korean crypto exchanges plan to push for a fourth delay of the 22% crypto tax, ruling party proposes postponing it to 2029

Odaily report: 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 plans to further postpone the implementation date to 2029. This meeting will gather industry opinions on cryptocurrency taxation arrangements, and whether it will be postponed again has not yet been determined. (Cointelegraph)