South Korea plans to enforce a 20% cryptocurrency gains tax (22% with local taxes) starting January 1, 2025, after two prior delays.The tax-free threshold for crypto gains will increase from 2.5 million won ($1,795) to 50 million won ($35,919).To address the volatility and record-keeping challenges in crypto markets, taxpayers without accurate purchase records can estimate their gains using a percentage of the sale price.The post South Korea Plans to Enforce Crypto Tax by 2025 Amid Prior Delays appeared first on Techreport.