ChainCatcher News, according to "Financial News", due to the impact of the political situation in the South Korean National Assembly, the discussions on the repeal of the financial investment tax and the postponement of the virtual asset tax in the Planning and Finance Committee have been delayed, and the outlook for handling remains uncertain.
Although these bills have garnered significant attention from investors and a consensus has been reached amid some opposing voices, the current political situation has hindered their advancement. Financial regulatory authorities have stated that they will continue to promote the relevant bills to minimize the impact of politics on the economy. If the relevant bills cannot be passed in a timely manner, the financial investment tax and the virtual asset tax will be officially implemented as scheduled on January 1, 2025.