South Korea Delays Its Crypto Tax Again, Now Until 2029

Crypto Insight Summary: South Korea will delay its long-awaited crypto gains tax for a fourth time, pushing it back to 2029. The levy was originally due to take effect in January 2027. The decision contrasts sharply with Hong Kong, which approved its own crypto tax reporting law on Wednesday. A Tax Proposal Every Crypto Investor Hates in South Crypto Insight Analysis: Direction: Bullish Crypto Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: South Korea's tax delay supports local crypto adoption and investor sentiment, but has limited global market impact.