South Korea2026.10.13Digital Asset

Democratic Party's Jung Tae-ho: 'Crypto Asset Taxation, Deferred Three Times, Clearly Has Justification'

• Rep. Jung Tae-ho said at the October 13 National Assembly National Tax Service inspection that crypto (digital asset) taxation has been deferred three times since its introduction, giving clear justification for implementation now.
• In May, Jung had already told Newsis that since the taxation has repeatedly been postponed, it should naturally be put into effect.
• During the discussion of the third deferral in 2024, an alternative was raised to set a 50 million won deduction threshold instead of delaying taxation again.