South Korea Crypto Tax Petition Nears Threshold with 32,000 Signatures

South Korea Crypto Tax Petition Nears Threshold with 32,000 Signatures

N
News Editor
2026-09-07 01:21:12
A petition to delay South Korea's virtual asset tax for two years has gathered over 32,000 signatures, needing 18,000 more to reach the 50,000 threshold. If met by September 20, the petition will be submitted to a standing committee.

A petition calling for a two-year delay to South Korea's virtual asset tax has picked up more than 32,000 signatures. To hit the 50,000-signature mark required for parliamentary review, it still needs 18,000 more by September 20. The petition says pushing back the tax could help avoid a sharp drop in foreign exchange earnings and corporate tax revenue.

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