South Korea
Digital Asset
Government to Hold Meeting with Exchange CEOs on Crypto Taxation
- The Ministry of Economy and Finance will meet exchange executives and the Digital Asset Exchange Alliance (DAXA) on the morning of October 19, with First Vice Minister Kwon Dae-young and other officials attending on the government side.
- The main opposition People Power Party has introduced multiple competing bills calling for repeal, a two-year delay, or a three-year delay of crypto taxation, arguing that "taxation is premature."
- Opposition lawmakers have intensified pressure for a taxation delay through both legislative proposals and questioning during National Assembly audit sessions.