World · Regulation · South Korea ·
South Korea plans stablecoin rules and opposition pushes to scrap crypto tax
South Korea's Financial Services Commission is reportedly drafting a government-backed digital asset law covering stablecoins and exchanges. Separately, opposition lawmakers are pushing to cancel a planned 22% crypto capital gains tax that is currently set to take effect in 2027.
Why it matters for the crypto market
A formal stablecoin framework and a possible tax repeal would significantly reshape the regulatory and tax environment for one of the world's largest retail crypto markets.
Related signals
- South Korea budget office estimates stablecoin savings at $3.8B annually South Korea · 2026-09-08
- South Korea unveils roadmap for tokenized securities market by February 2027 South Korea · 2026-09-04
- Ethena plans to shift from crypto to real-world asset derivatives for yield South Korea · 2026-08-28
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