Democratic Party members on the Finance and Economy Committee propose further postpo

Democratic Party's National Assembly Finance and Economy Committee members have decided to recommend to party leadership an additional deferral of South Korea's digital asset taxation, currently scheduled to take effect in January 2027, though no deferral period or official party position has been finalized. Oh Ki-hyung, the ruling party's secretary on the committee, said after a party-government consultation on the 3rd that lawmakers concluded that, given shifting policy conditions, taxing digital assets next year would be imprudent, per Block Media. A deferral of roughly two years has been floated, but this reflects committee members' opinion only—the party's confirmed stance and the tax implementation date remain unchanged. The matter matters to crypto exchanges and investors because South Korea's planned 20% capital gains tax on digital assets has already been postponed twice, and another delay would extend the current tax-free environment for domestic trading. Watch for whether the Democratic Party leadership adopts the recommendation and whether the National Assembly moves to amend the tax law before the January 2027 implementation date.