South Korean families gift more crypto to kids ahead of new taxes

South Korean families are handing out a lot more digital assets to their children. Recent figures show that crypto transfers to minors aged 18 or younger surged to 4.03 billion won, which is about $2.8 million. This marks a sharp 2.7 times increase compared to the previous year, according to official data from the National Tax Service.

This rush comes as families look ahead to stricter rules and tax changes scheduled for 2027. Parents and relatives appear to be moving digital funds early to avoid future tax burdens when transferring wealth to the next generation.

Market watchers will keep an eye on how regulators respond to this trend. As more wealth moves into digital wallets for young holders, lawmakers might tighten oversight on family asset transfers even sooner.