South Korea2026.10.21Digital Asset

Cho Kuk: "I oppose delaying crypto taxation — tax it first, then fix the system"

• Cho Kuk said crypto (digital asset) taxation should begin on schedule on January 1, 2027, rejecting further delays.
• He argued that taxation should start first, with institutional and infrastructure gaps addressed afterward, rather than postponing implementation.
• In a Facebook post titled "The Democratic Party must uphold tax justice and the 52-hour workweek," he opposed two Democratic Party bills submitted within four days: one delaying crypto taxation and another creating exceptions to the 52-hour workweek.