According to South Korean media outlet *Seoul Economic Daily*, a parliamentary e-petition in South Korea calling for the abolition of virtual asset taxation has garnered over 50,000 signatures within 8 days, reaching the threshold for review by the National Assembly's standing committee. The proposed tax policy aims to impose a 22% tax rate (including local taxes) on annual virtual asset gains exceeding 2.5 million KRW (approximately $1,800). Petitioners argue that ordinary stock investors in South Korea are largely exempt from capital gains tax, while taxing virtual assets separately is unfair. Additionally, they claim the current tax system and investor protection mechanisms remain inadequate. https://(wublock123.com)/news/korea-parliament-petition-50k-support-abolish-virtual-asset-tax-61591