South Korea Considers New Education Tax on Crypto Platforms

Key Facts

1South Korea is considering an education tax of 0.5% on crypto platform revenues up to 1 trillion won, and 1% on amounts exceeding that.

2Crypto platforms could be reclassified as financial institutions under the proposed Fundamental Law on Digital Assets.

South Korea is considering an education tax of 0.5% on crypto platform revenues up to 1 trillion won, and 1% on amounts exceeding that threshold. According to Arabictrader, the government aims to generate tax revenue for education while bringing digital asset service providers under a formal regulatory and fiscal framework.

Crypto platforms could be reclassified as financial institutions under the proposed Fundamental Law on Digital Assets to justify the new levy. This regulatory shift follows economic data from October 26, 2026, which showed South Korea's annual GDP growth at 3.4% and consumer confidence at 105.4 points.