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South Korea Crypto Petition Reaches 50,000 Signatures
By Markets Desk · 2026-09-14 · Updated 2026-09-14 10:06 UTC
South Korean investors have successfully gathered 50,000 signatures to force a National Assembly review of a petition seeking a two-year delay to the 2027 crypto tax implementation. The proposal argues that current systems are insufficient for accurate gain calculation, though committee referral does not guarantee a change to the law.
According to GN markets/crypto (en-US), the petition specifically requests a two-year extension to address gaps in tracking acquisition costs across domestic and offshore platforms, with the petitioner arguing that immediate taxation would disproportionately burden younger investors holding significant unrealized losses.
Source: Crypto NewsPublic opposition to the 2027 tax law surges.
Source: OneSafe.io
Based on reporting by OneSafe.io and Crypto News, compiled by the Tradingbird desk.
