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Daily Crypto Report

"South Korea may delay its crypto gains tax again" Oct 26, 2026

Monday, 26 October 2026 · 2 min read · Listen to the episode ↗

South Korea is considering delaying its planned 22% crypto gains tax from 2027 to 2029, potentially marking a fourth postponement, with a decision expected by early December. The episode also examines Aviva Investors and Ripple’s tokenized sterling fund shares on the XRP Ledger, and CoinDCX’s disclosure that an attack on old deposit wallets cost it about $16 million in Tether.

South Korea’s presidential office is discussing moving the planned crypto gains tax from Jan. 1, 2027, to 2029, a potential fourth postponement, Newsis reported. The proposed 22% tax, including local tax, would apply to annual gains above about 2.5 million won.

Newsis said the reported rationale is that South Korea will begin exchanging crypto transaction data under the OECD framework in 2027, while the United States is not due to join until 2029. A decision on whether to delay the tax is expected between late November and early December.

At 8 a.m. on Oct. 26, bitcoin was trading at $80,220, ether at $2,327 and BNB at $741. Aviva Investors, working with Ripple, launched a tokenized share class of its sterling liquidity fund on the XRP Ledger; the shares are recorded on-chain while the fund operates off-chain.

Aviva’s fund holds about £22 billion, or roughly $29 billion, and the firm invested £50 million of its own money in it. More than £86 million is invested across its two tokenized funds. Aviva said the tokenized shares have the same risk profile and regulatory protections as the conventional fund.

CoinDCX said an attack on old deposit wallets cost it about $16 million in Tether after an automated sweeping service failed and deposits accumulated at an unused address. The exchange said it absorbed the loss and that customer funds held in cold wallets are safe. CEO Sumit Gupta called breach reports a false alarm on X, but blockchain investigator ZachXBT disputed that account, saying the address was still handling user deposits as recently as that spring.

Keystone said a third party accessed customer names, contact details, shipping addresses and order details from its online store, but not payment information, recovery phrases or private keys. The company detected unauthorized access on Oct. 20 and confirmed the breach three days later; it has not said how many customers were affected. The Block could not verify claims on X that some orders were older than Keystone’s stated 180-day shipping-data deletion period. Keystone warned customers about impersonation scams and said never to enter a recovery phrase on a device they did not order.

This summary was generated from the episode transcript and can contain mistakes.