Crypto developments disclosed on October 25, 2026, include fresh backing for a tax postponement in South Korea, details of U.S. fundraising negotiations, and Binance’s latest derivatives announcement. Latvia’s economics minister also outlined a possible timetable for rules governing tokenized assets.
South Korea’s Presidential Office Supports Another Crypto Tax Delay
South Korea’s presidential office has backed postponing the cryptocurrency income tax scheduled to begin in January 2027, according to reporting published on October 25, citing unfinished preparations and difficulties obtaining overseas trading data. The existing framework would impose a combined 22% tax on qualifying annual income above 2.5 million won, while a ruling-party proposal would move implementation to 2029. A postponement still requires parliamentary action, leaving January 2027 as the legal starting date until lawmakers approve a change.
Lummis Outlines Proposed Limits on Crypto Fundraising
U.S. Senator Cynthia Lummis disclosed on October 25 that negotiations over the CLARITY Act included agreement to reduce the proposed annual fundraising allowance under “Regulation Crypto” from $75 million to $50 million. She said negotiators also accepted a $200 million lifetime ceiling and incorporated both changes into the legislation at Democrats’ request. Her statement describes concessions within the proposed framework; it does not announce fundraising restrictions taking effect today.
Binance Announces PREDICT Pre-Market Futures
Binance announced October 25 pre-market futures trading for Predict.fun’s PREDICT token, with its updated notice setting the launch for 08:15 UTC. The PREDICTUSDT perpetual contract offers leverage of up to five times and settles in USDT, giving derivatives traders exposure to the BNB Chain prediction-market project. Binance cautioned that making a token available through futures does not guarantee a subsequent spot listing.
Latvian Minister Targets Tokenization Rules in Early 2027
In an interview published on October 25, Latvia’s Economics Minister Viktors Valainis said the country could introduce rules for tokenizing real-world assets during the first half of 2027. Commercial property is one potential starting point, while government bonds are also under consideration. The timetable remains tentative as Latvia forms a new administration, and officials have not approved a government-bond issuance schedule or amount.