South Korea
Block Media
Tax deferral calls spread within Democratic Party on digital assets…Park Min-kyu: 'Implementation next year is premature'
- Rep. Min Byeong-deok, Senior Deputy Chair of the Democratic Party's Policy Committee, proposed delaying digital asset taxation until after the Digital Asset Basic Act is passed.
- Rep. Park Min-kyu publicly backed the delay on Facebook on September 23, calling January 2027 implementation premature without a proper institutional framework.
- Park cited the fact that the Digital Asset Basic Act itself has not yet been enacted as a key reason taxation should not proceed as scheduled.