South Korea’s 20% Crypto Tax Still on Track for 2022: Report

CORRECTION (Jan. 7, 17:37 UTC): This article previously cited a report that incorrectly stated South Korea’s crypto taxation plans were expected for 2023, a year behind schedule. As confirmed by CoinDesk Korea, the new tax regime is still expected for 2022.

South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment after tax rules were revised in 2020, according to a report from CoinDesk Korea.