According to a report by Digital Assets, South Korea's Deputy Prime Minister candidate Lee Hyung-il stated that the actual tax burden from implementing virtual asset taxation would be quite limited, and the overall impact on the market would not be as severe as expected. Citing statistical data, he pointed out that around 95% of digital asset investors in South Korea hold positions worth less than 5 million KRW (approximately $3,700). Based on the tax system design, even if investors cannot provide proof of their initial purchase positions, tax authorities will assume up to 50% as necessary costs. For example, if profits are calculated as half of 5 million KRW, or 2.5 million KRW, this aligns perfectly with the annual basic tax exemption threshold of 2.5 million KRW, meaning the vast majority of retail investors would not face any actual tax burden. Additionally, historical gains on assets prior to the official implementation of the tax will also be excluded from taxable income. https://www.(wublock123.com)/news/news-68461