South Korea to Impose Crypto Income Tax from Jan 1, 2027

South Korea's planned 20% levy on cryptocurrency income is set to take effect on Jan 1, 2027, after multiple delays. The tax applies to gains exceeding 2.5 million won, marking a significant regulatory shift for the domestic crypto market. Uncertainty remains over implementation details and market reaction, but the move signals a tightening of fiscal oversight on digital assets.

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