"South Korea's government and ruling party are considering a potential delay in implementing taxes on cryptocurrency investment profits, according to reports. The proposed tax, initially set to take effect in January 2025, may be postponed to January 2028. This decision comes after previous delays, first from October 2021 to January 2023, and then to January 2025, citing concerns about burdening investors and disrupting the market. The government is expected to announce its stance on the matter later this month, as part of next year's revised tax law. If approved, the delay would provide relief to investors and allow the market to develop further before taxation takes effect."