[South Korea postpones virtual asset tax regulations until 2025] Golden Finance reported that the South Korean government announced that it would postpone the implementation of new virtual asset tax regulations to January 2025 to address individual investor tax burdens and regulatory clarification issues. According to the new regulations, from 2025, the law will include income tax for residents, withholding tax for non-residents, and gift tax on virtual assets. The extension mainly affects the income tax of individual residents and withholding tax for non-residents and foreign companies. Investors welcomed this and believed that the extension would help the government and industry better adjust to smoothly implement the new tax system.