South Korea Delays Planned 20% Crypto Gains Tax to 2027 After $110B Outflows

South Korean lawmakers from the ruling People Power Party and the opposition Democratic Party agreed to postpone a planned 20% tax on virtual-asset gains until 2027 after estimates showed $110 billion in annual outflows. Regulators said outflows accelerated in H2 2025, including $60 billion leaving in six months, as traders shifted activity to offshore venues offering futures, leverage and hedging tools not available domestically.