After three delays, is Korea ready to tax crypto?

What happened: South Korea is due to begin taxing cryptocurrency income in January, but exchanges, investors and lawmakers are again asking for more time, citing unfinished reporting systems and unclear rules. Key numbers: Tax legislated in 2020 for a 2022 start, postponed three times. Why it matters: The National Tax Service says incomplete overseas data would not by itself make taxation impossible, while exchanges say they cannot finish systems without clearer guidance, leaving the start date in dispute as market activity has fallen sharply. Coverage: 3 outlets in 24h

South Korea is due to begin taxing cryptocurrency income in January, but exchanges, investors and lawmakers are again asking for more time, citing unfinished reporting systems and unclear rules.

The National Tax Service says incomplete overseas data would not by itself make taxation impossible, while exchanges say they cannot finish systems without clearer guidance, leaving the start date in dispute as market activity has fallen sharply.