cryptotaxpolicy

🚨 BREAKING: South Korea Pushes Its 22% Crypto Tax to 2029, Fourth Delay in a Row! 🇰🇷

$BTC
$ETH
$SOL
crypto
Seoul has proposed pushing its 22% crypto gains tax from January 2027 to 2029. This would be the fourth delay since the law was first introduced.
What's in the proposal:
✅ Tax applies only to annual profits above 2.5 million won (about 1,870 USD)
✅ A new three-year loss carryforward for traders
My take:
The extra time helps South Korea build its regulatory framework and prepare for cross-border data sharing. Less tax pressure also means less forced selling from Korean retail in the short term.
Market check:
BTC is down 5.36%, ETH 7.45% and SOL 6.90%. Good regulatory news is being overpowered by risk-off sentiment, so a quick pump from this headline alone is unlikely.
Outlook:
The tax is delayed, not cancelled. The National Assembly still has to pass the amendment before January. Clear rules and loss offsets would make the market fairer for traders in the long run.
Bullish signal or just kicking the can down the road? Tell me below 👇
Not financial advice.
#SouthKoreaDelaysCryptoTaxationUntil2029 #CryptoTaxPolicy

🛡️ Defending DeFi Innovation in Illinois🤞#DeFiRegulation

Uniswap Labs a16z and the DeFi Education Fund are urging Illinois to exempt decentralized protocols and self custodial activity from the proposed 0.2 percent crypto tax. They argue DEXs cannot act as traditional brokers and that wallet withdrawals plus bridging should stay outside the levy.


This coordinated push highlights the industry’s commitment to protecting permissionless finance and user control. Clearer rules that respect decentralized design can support sustainable growth while avoiding unintended barriers to innovation.

$UNI #CoinVahini #CryptoTaxPolicy #UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax