Techub News reports that, according to Yonhap News Agency, the Tax Subcommittee of South Korea's National Strategy and Finance Committee failed to reach an agreement on whether to postpone taxation on virtual assets, and the plenary session scheduled for the 26th was also canceled due to the delay in discussions.

The ruling party, the People Power Party, believes that the taxation on virtual assets should be postponed, arguing that the tax infrastructure is still insufficient and that young people should be given the opportunity to accumulate assets. The Democratic Party, on the other hand, proposed a plan to implement the virtual asset tax as scheduled next year, but the plan would increase the deduction limit for virtual asset taxes from 2.5 million won to 50 million won.