DAXA vice chairman urges full review of crypto tax regime

Kim Jae-jin, vice chairman of the Digital Asset eXchange Alliance (DAXA), called for a full review of the current crypto tax system ahead of the planned January implementation of virtual-asset taxation next year, speaking at the CODEVASP Digital Asset Compliance Forum 2026 in Seoul on Oct. 2, Edaily reported. Kim said the current law makes it difficult for individual taxpayers to make their own judgments in situations such as crypto card payments, which are now widely used. In that environment, investors could end up becoming tax evaders without realizing it, Kim added. Despite three delays, the contents of the bill remain unchanged from when they were drafted in 2020, and a comprehensive review is needed, Kim said.