South Korea to tax crypto gains above $1,740 starting January 2027

South Korea has announced plans to impose a tax on cryptocurrency gains exceeding approximately $1,740, with the measure set to take effect from January 1, 2027. The decision signals that the government does not intend to delay the policy for a fourth consecutive time. The issue has now moved to parliament, where it is expected to be debated further. The move reflects South Korea's ongoing effort to regulate its significant cryptocurrency market and bring digital asset gains within the formal tax framework.