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South Korea’s Ruling Party Weighs Another Delay to Planned Crypto Tax

The party has not taken a position, and members are still weighing the proposal as the January 2027 start date remains in place.

Updated 1 min read
Anonymous lawmakers gather outside a meeting room at South Korea’s National Assembly in Seoul. (AI-generated image / EconoTimes)
Anonymous lawmakers gather outside a meeting room at South Korea’s National Assembly in Seoul. (AI-generated image / EconoTimes)

South Korea’s ruling party has yet to decide whether to back another postponement of a planned virtual-asset tax, leaving its January 2027 start date in play as members weigh the issue.

A spokesperson for the party’s floor leadership said Tuesday that the party had not adopted a position. The policy committee chair conveyed differing views, including support for another delay. One lawmaker argued the tax should take effect only after enactment of the Digital Asset Basic Act.

The party plans to seek more feedback from members before settling on a stance. No new start date has been adopted, so the January 2027 timetable remains in place for now.

The discussion follows three previous postponements and a proposal to move the start to 2029. That proposal has not replaced the current timetable.

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