- The Democratic Party of Korea and the government are expected to discuss whether to delay taxation on virtual assets (cryptocurrencies), which is scheduled to take effect in January 2027, at a policy consultation on Oct. 28.
- Jeon Eun-soo, the Democratic Party’s floor spokesperson, said some lawmakers believed a delay in crypto taxation was necessary, but added that no decision had been made on Oct. 27.
- Lawmaker Ahn Do-geol proposed enacting the Basic Digital Asset Act first and then implementing taxation on virtual assets alongside it, and the Democratic Party plans to decide soon, after gathering additional views, whether to delay the tax.
Forecast Trend Report by Period
