星球日报
星球日报|5月 18, 2026 03:05
[South Korea Democratic Party Official: Cryptocurrency Taxation Should Proceed as Planned, Policy Stance Tightens Noticeably] Odaily Planet Daily News – Jeong Tae-ho, a Democratic Party official from South Korea's National Assembly Finance and Economy Committee, stated that the taxation of cryptocurrencies (digital assets) has already been postponed multiple times, and now 'since it has already been delayed, it should be implemented as planned.' Once the tax reform proposal is submitted to the Finance Committee, the party will formally begin discussions, but issues regarding system enhancements will be evaluated during the detailed review phase. It is worth noting that this stance is significantly tougher compared to his statement in April, where he suggested that 'cryptocurrency taxation should be considered comprehensively,' and it aligns with the government's direction. South Korean finance officials previously confirmed that the income tax plan related to digital assets is scheduled to be implemented on January 1, 2027, as planned. Meanwhile, several members within South Korea's ruling party have also reinforced their stance on taxation, forming a contrast with the opposition party's policy direction advocating for the cancellation of taxation. The debate over South Korea's cryptocurrency tax system may further escalate during the year-end budget and tax system discussions. (Digital Asset)
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