South Korea plans to tax crypto gains above $1,740 from Jan. 1, 2027, as lawmakers prepare to debate the proposal after years of postponements

Three delays in five years and Seoul still hasn't fixed the loss carryforward gap — ye pay 22% on the gains while yer losses sit rotting in the hold with no offset against next year's haul. The treasury calls heads every flip. $41 billion already sailed off Korean exchanges in the past year per Bank of Korea data, and this asymmetric structure hands every remaining holder one more reason to shift exposure offshore before 2027. Me question for anyone watchin' the Assembly debate: are loss carryforward provisions actually on the floor, or did the government already bury that fix before the bill got tabled? 🦑

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