South Korea Eyes Full Abolition of Planned 22% Crypto Tax!

South Korea is considering scrapping its long-planned 22% crypto gains tax entirely, a move that would mark a significant policy reversal for one of the world's most active retail crypto markets. The tax had been repeatedly delayed amid fierce public and industry pushback, but outright abolition would go further than any previous concession.

For Korean retail investors — who represent a substantial share of global altcoin volume — the removal of this overhang would be a direct sentiment catalyst. Markets have historically repriced Korean-listed tokens and KRW trading pairs on regulatory headlines out of Seoul.

If the abolition clears the legislative process, South Korea would join a short list of major economies choosing to treat crypto gains as outside the standard capital income framework, a signal that competitive regulatory positioning is increasingly driving policy decisions in…