[South Korea's 'Basic Act on Digital Assets' Faces Risk of Delay This Year, Possibly Due to Government Focus on Stock Market] According to reports from *The Korea Economic Daily*, South Korea's *Basic Act on Digital Assets*, as the second phase of virtual asset legislation, may face delays this year. Although the National Assembly's Digital Assets Task Force has completed the consolidation of eight related bills, the task force has come to a standstill following recent changes in the National Assembly leadership. The relevant standing committee—the National Policy Committee—has yet to be formed, and the overall legislative schedule faces further obstacles. Additionally, the government, including financial authorities, has not yet submitted its own version of the bill. The media outlet added that some market observers believe this delay is related to the recent surge in the stock market—the Korea Composite Stock Price Index (KOSPI) has surpassed the 9,000-point threshold. This perspective suggests that financial authorities may be intentionally slowing the legislative process to prevent capital from flowing into the virtual asset market while the government focuses on boosting the stock market.