Crypto Policy Daily: Over 50,000 Koreans Petition to Delay Crypto Tax

A national petition in South Korea calling for the delay of virtual asset taxation has surpassed the 50,000-signature threshold, triggering a mandatory review by the National Assembly. Proponents are requesting a postponement from January 2027 to 2029, citing inadequate tax infrastructure and the potential for market volatility. The issue has become a significant point of contention for politicians, as they balance fiscal revenue goals with the need to appease a large base of young crypto investors.