South Korea crypto tax overhaul targets overseas crypto firms

South Korea crypto tax regime set for 2027

From January 2027 the Financial Services Commission plans to impose a ↓ 22% capital gains tax on cryptocurrency transactions, a move aimed at curbing firms that transfer digital assets overseas. Analysts predict the policy could dampen outbound crypto flows and reshape market dynamics.

“The amendment reflects our commitment to fiscal fairness and market integrity,” a senior regulator told Reuters.

The tax aligns with broader Asian trends, as seen in recent Bloomberg reports on tightening crypto oversight across the region. Companies now face heightened reporting duties, and non‑compliance may trigger penalties exceeding 10,000 won.

Words by: Chloe Winters

Venture Capital & Innovation Reporter