South Korea's finance minister Kim Dong-yeon comments, via Reuters

Saying that they may suspend the proposed capital gains tax threshold changes for foreign investors.

Doesn't look like there will be any changes to residents, but it is likely that the government does not want to promote a spur of offshore cryptocurrency trading activity (it is likely they will venture into capital gains tax moving forward) in the country - after their earlier move here to impose corporate and income taxes on cryptocurrency trading.

The proposed capital gains tax change for foreign investors was due to take effect from July and it will reduce the threshold of tax ownership for foreigners to 5% from 25%.

Join the conversation in our new Telegram group.