Crypto Tax News

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…

South Korea’s Digital Asset Basic Act is close to completion, according to Lee Eog-weon, chairman of the Financial Services Commission. However, a debate over the country’s crypto tax is intensifying. The outcome will shape how exchanges, stablecoin issuers, and investors operate in one of Asia’s busiest crypto markets. What the Digital Asset Basic Act Would…

French lawmakers have voted to tax crypto investors who move their profits into stablecoins, just as protests over living costs have erupted into some of the country’s worst riots in years. On October 16, France’s National Assembly approved an amendment by 38 votes to 37, with 25 abstentions.  It would make certain crypto-to-stablecoin conversions taxable…

South Korea’s National Tax Service plans to publish crypto tax guidelines in November. The guidance precedes a 22% levy on qualifying gains starting January 1, 2027. Staking, airdrops, and decentralized finance remain the most debated areas. Exchanges still face questions about their reporting systems. What the 22% South Korea’s Crypto Tax Covers Qualifying income is…

France's proposed crypto exit tax would hit unsold gains above €800,000 when holders leave. Lawmakers debate it Tuesday. The post France Wants to Tax Crypto Holders Before They Sell appeared first on BeInCrypto.

The IRS has issued a directive targeting crypto exchange-traded funds that use specific trading mechanisms to avoid recording gains on their books, putting certain digital asset funds at risk.