South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

Five major jurisdictions across Asia and the Middle East delivered sharply contrasting signals on digital assets this week, underscoring how patchwork regulation continues to define the global crypto map.

From a long-awaited tax delay in South Korea to an outright mining ban in Moscow, and from Binance’s regulatory progress in the Philippines to a new tax-free zone in Uzbekistan, the policy landscape is pulling in opposite directions.

The updates, captured in a weekly compilation by WuBlockchain, arrive at a moment when many market participants had expected greater alignment after years of rulemaking debates.

South Korea’s latest tax delay South Korean lawmakers have once again pushed the introduction of a crypto tax, this time to 2027. The move continues a pattern of postponements that began when the tax was first proposed years ago.