{"id":18916,"date":"2026-11-13T12:01:25","date_gmt":"2026-11-13T04:01:25","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=18916"},"modified":"2026-11-13T12:01:25","modified_gmt":"2026-11-13T04:01:25","slug":"crypto-tax-2026-south-korea-greece-hong-kong","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/crypto-tax-2026-south-korea-greece-hong-kong\/","title":{"rendered":"Crypto Tax Rules in 2026: South Korea Delays to 2029, Greece Sets 10%, Hong Kong Mandates Reporting"},"content":{"rendered":"

Three markets made major crypto tax moves within days of each other in early November. South Korea’s government proposed pushing its crypto income tax back to <\/span><\/span>2029<\/span><\/a><\/span>, Greece’s parliament approved a <\/span><\/span>10% tax on crypto gains<\/span><\/a><\/span>, and Hong Kong passed a law requiring crypto platforms to <\/span><\/span>report customer data<\/span><\/a><\/span> to tax authorities.<\/span><\/span><\/p>\n

Crypto Tax 2026: Three Markets, One Week of Changes<\/span><\/h2>\n

For anyone following crypto tax 2026 developments, these moves point in different directions. One market is pausing a new tax, one is starting one, and one is focused on information sharing rather than rates.<\/span><\/p>\n

What ties them together is the Crypto-Asset Reporting Framework, or <\/span><\/span>CARF<\/span><\/a><\/span>, a global standard for exchanging crypto tax information between countries. It is a big reason crypto tax 2026 headlines now mention data sharing alongside tax rates. Rules differ by country, so anyone affected should check local requirements or speak with a tax professional.<\/span><\/span><\/p>\n

South Korea Crypto Tax Delay 2029: What the Government Proposed<\/span><\/h2>\n

On November 5, Korea’s finance minister said the government will work with the National Assembly to <\/span><\/span>postpone crypto income taxation to 2029<\/span><\/a><\/span>. The South Korean crypto tax delay-to-2029 plan is still a proposal, and it only becomes final if parliament <\/span><\/span>changes the law<\/span><\/a><\/span> before the current January 2027 start date.<\/span><\/span><\/p>\n

If approved, it would be the fourth postponement, after earlier moves from 2022 to 2023, 2025 and 2027. The planned levy is 20% on annual net income from crypto transfers or lending, or 22% including local income tax, after a 2.5 million won deduction.<\/span><\/p>\n

Under the law, net profit is calculated as proceeds minus acquisition costs and related expenses. Trading fees are one type of cost record, and BTSE lists its <\/span><\/span>trading fees and transaction limits<\/span><\/a><\/span> in one place.<\/span><\/span><\/p>\n

The government’s main reason is timing. Officials said introducing the tax before <\/span><\/span>virtual-asset information exchanges<\/span><\/a><\/span> with the United States begin in 2029 could put the domestic market at a disadvantage. Alongside the South Korea crypto tax delay 2029 proposal, the government also plans to let investors carry losses forward for up to three years.<\/span><\/span><\/p>\n

Greece Crypto Tax 10%: How the New Rules Work<\/span><\/h2>\n

Greece’s parliament approved the country’s first<\/span><\/span> legal framework for taxing crypto assets<\/span><\/a><\/span> on November 5. The Greece crypto tax rate of 10% applies to annual net gains <\/span><\/span>above \u20ac500<\/span><\/a><\/span>, and once that threshold is crossed, the full gain is taxable.<\/span><\/span><\/p>\n

The rules take effect on January 1, 2027, and the tax also applies when crypto is used to buy goods or services. That matters for anyone who uses <\/span><\/span>crypto for everyday purchases<\/span><\/a><\/span>, since spending is not tax neutral under the new framework.<\/span><\/span><\/p>\n

Income from staking, crypto lending, and DeFi liquidity is taxed separately at 15% as interest income. Losses above \u20ac500 can be carried forward for five years, and investors get a 12-month window to declare past gains without late-filing fines.<\/span><\/p>\n

Crypto-to-crypto swaps remain unsettled under the Greece crypto tax 10% framework. The Finance Ministry says swapping one coin for another will not trigger tax, but a parliamentary review warned the bill’s wording could cover such trades. Officials also said implementation directives on transparency and audit rules will follow in the coming weeks.<\/span><\/p>\n

Hong Kong Crypto Tax Reporting: What Starts in 2027<\/span><\/h2>\n

Hong Kong’s Legislative Council passed its <\/span><\/span>crypto-asset reporting bill<\/span><\/a><\/span> on November 4. The new Hong Kong crypto tax reporting law requires exchanges and other covered providers to collect customer and transaction data from 2027.<\/span><\/span><\/p>\n

The law deals with reporting rather than setting a new tax rate. The data covers purchases, sales, crypto-to-crypto trades and transfers to external wallets, and it will be <\/span><\/span>shared from 2028<\/span><\/a><\/span> with tax authorities where customers are tax residents.<\/span><\/span><\/p>\n

Customer information will not be made public under the new Hong Kong crypto tax reporting rules. Separately, updated account reporting standards take effect in 2028, with exchanges under those rules starting in 2029.<\/span><\/p>\n

Crypto Tax Reporting CARF: How Global Data Sharing Works<\/span><\/h2>\n

CARF is an OECD standard modeled on the system banks already use to share account information across borders. Under crypto tax reporting CARF rules, covered providers collect customer details, including tax residency, and <\/span><\/span>report them to local tax authorities<\/span><\/a><\/span>, which share the data automatically.<\/span><\/span><\/p>\n

Hong Kong has <\/span><\/span>exchanged financial account information<\/span><\/a><\/span> with overseas tax authorities since 2018, and the new Hong Kong crypto tax reporting rules extend that approach to crypto. This is one reason identity checks keep expanding, and BTSE’s <\/span><\/span>KYC requirements<\/span><\/a><\/span> were introduced to align with global regulatory requirements.<\/span><\/span><\/p>\n

For many users, crypto tax reporting CARF data starts with account verification. The <\/span><\/span>BTSE identity verification guide<\/span><\/a><\/span> explains the levels and documents involved. The United States follows a parallel domestic route through Form 1099-DA.<\/span><\/span><\/p>\n

Crypto Capital Gains Tax Rates Compared<\/span><\/h2>\n

Crypto capital gains tax rates across Europe range from <\/span><\/span>8% to 30%<\/span><\/a><\/span>, usually applied to capital gains only. That places the Greek crypto tax rate of 10% toward the lower end of the regional range.<\/span><\/span><\/p>\n

Korea’s proposed rate of <\/span><\/span>22%<\/span><\/a><\/span> would apply only to annual profits above the 2.5 million won allowance, and the South Korea crypto tax delay 2029 proposal means that rate is not expected to apply yet. Hong Kong’s change concerns <\/span><\/span>reporting and information exchange<\/span><\/a><\/span> rather than crypto capital gains tax rates.<\/span><\/span><\/p>\n

Beyond headline crypto capital gains tax rates, the shared thread is visibility. Greek officials said revenue from the new tax cannot be projected because <\/span><\/span>most investors use platforms abroad<\/span><\/a><\/span>, which is the cross-border gap CARF is designed to close.<\/span><\/span><\/p>\n

Preparing for Crypto Tax 2026 and Beyond on BTSE<\/span><\/h2>\n

Clear records make crypto tax 2026 changes easier to follow, wherever you are based. Your <\/span><\/span>BTSE wallet<\/span><\/a><\/span> keeps deposits, withdrawals, and transfers in one place, and many investors pair that history with their own notes as crypto tax reporting CARF systems expand.<\/span><\/span><\/p>\n

Ready to get started? <\/span><\/span>Create a BTSE account<\/span><\/a><\/span> to complete verification and explore the <\/span><\/span>BTC-USDT spot market<\/span><\/a><\/span>. Rules differ by country and continue to change, so check local requirements or speak with a tax professional before making decisions.<\/span><\/span><\/p>\n

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