South Korea to meet crypto exchanges amid calls for tax delay
Related
South Korea crypto exchange profits fall 78% in H1 amid trading slump
South Korean crypto exchange operating profits fell 78% in the first half of 2026 as trading volumes, market capitalization and customer deposits declined.
South Korea weighs crypto market makers after JPYC trades at 4 times peg
Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.
Illinois Delays Controversial Crypto Tax Amid Industry Lawsuit
Illinois officials and crypto groups jointly asked a state court to delay the 0.2% Digital Asset Tax from Jan. 1 to July 1, 2027, while a legal challenge continues.
Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028.
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets.