Min Byung-deok: "Taxation is not ready"

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As the government prepares to implement taxation on digital assets (virtual assets) next January, E-Daily reports that Rep. Min Byung-deok, Senior Vice Chairman of the Policy Committee of the Democratic Party of Korea, has raised the need for a postponement, citing insufficient preparations for taxation.
This is drawing significant attention as it marks the first time a proposal for postponement has been publicly raised by a member of the ruling party.
On the 22nd, Rep. Min expressed his position on Facebook, stating, "To escape the criticism that 'our country's laws are slow, but taxation is fast,' I propose that the timing of taxation should be set after the passage of the Digital Asset Basic Act."
Rep. Min pointed out, "To tax according to principle, we must first establish a foundation that allows for fair collection," adding, "That foundation is not yet ready."