South Korean minors' virtual asset gifts increase 2.7-fold in one year

Data from the National Tax Service shows that virtual asset inheritances and gifts in South Korea reached 45.86 billion KRW across 423 cases in 2025. Gifts to minors under 18 accounted for 4.034 billion KRW, a 2.7-fold increase from 2024. The government plans to strengthen tax oversight by 2027, including virtual assets from exchanges like Upbit and Bithumb in unified financial asset inquiries.