[South Korean Government to Formally Proceed with Two-Year Delay in Digital Asset Income Tax Plan] According to Yonhap News Agency, as cited by The Block, the South Korean government will formally proceed with its planned two-year delay of the digital asset income tax, marking the fourth time the tax has been postponed. The tax plan, originally scheduled to launch on January 1, 2027, would have levied a 22% tax (including local taxes) on crypto gains, with a deduction of 2.5 million won (approximately US$1,864).