South Korea and Russia have unveiled major crypto policy moves that could influence both investors and mining companies. South Korea has confirmed a 22% tax on cryptocurrency gains above 2.5 million won, with the measure set to begin in 2027. In Russia, authorities are moving to prohibit crypto mining in Moscow until 2032.
The South Korean decision gives the market a clearer timeline for when digital asset profits will face taxation. By setting a threshold for taxable gains, the policy targets investors who earn above a defined level, and it adds another layer of structure to the country’s approach to crypto oversight.
Russia’s mining restriction points to a different regulatory priority. A long-term ban in Moscow would directly affect where mining operations can run and may push companies and individuals to reconsider location, costs and compliance. That kind of shift can alter regional mining activity and broader supply dynamics tied to digital assets.
Taken together, the two announcements highlight how crypto rules are becoming more defined across major markets. South Korea is focusing on investor taxation, while Russia is tightening controls on mining activity. For the global crypto industry, these policy changes may weigh on sentiment in the short term while also shaping how firms plan for regulation, operations and market access over the coming years.