South Korean Deputy Prime Minister Koo Yun-cheol confirmed to lawmakers that South Korea plans to tax cryptocurrency gains starting January 1, 2027. Under the plan, the portion of annual cryptocurrency gains exceeding 2.5 million won (approximately $1,740) will be subject to a maximum combined tax rate of 22%. This move indicates that the South Korean government does not intend to postpone the implementation of this measure for a fourth time. Currently, a bill aimed at repealing the tax is still under consideration in the National Assembly.