South Korea
Digital Asset
Han Byung-do: "Time to Gather Party Opinion on Whether to Delay Crypto Taxation"
- Han Byung-do, floor leader of the Democratic Party of Korea, said on October 27 it is time to collect party opinion on delaying virtual asset (digital asset) taxation.
- He called November and December the "time for budget and legislation," with plans to advance state policy agenda legislation by the end of the year.
- He gave no specific conclusion or delay period on digital asset taxation; the party's general meeting moved to closed session after his opening remarks.