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The amount of virtual assets gifted to minors in South Korea increased to approximately 2.7 times in one year

2026-09-10 09:33:07

According to the Central Daily News citing data from the National Tax Service, there were a total of 423 cases of inheritance and gifting of virtual assets in South Korea in 2025, amounting to 45.862 billion Korean won, which represents an increase of 2.4 times and 3.4 times year-on-year, respectively.

Among these, there were 103 cases of gifting virtual assets to minors under 18 years old, totaling 4.034 billion Korean won, which is approximately 2.7 times the amount of 1.47 billion Korean won in 2024.

South Korea plans to further strengthen tax regulation on virtual assets starting in 2027, incorporating VASPs such as Upbit and Bithumb into the unified inquiry scope for financial assets related to inheritance and gifting.

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