South Korea will begin taxing virtual asset gains from January 2027, according to local reports. The country’s National Tax Service is coordinating with major exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax to finalize implementation measures. Under the current law, crypto gains exceeding KRW 2.5 million will face a 22% tax rate, including 20% income tax and 2% local income tax, marking a major regulatory step for South Korea’s digital asset market.
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