ME News reports that as of September 7 (UTC+8), a parliamentary petition calling for a two-year delay in taxing virtual assets has garnered over 32,000 signatures. The statutory threshold for a parliamentary petition is 50,000 signatures; if an additional 18,000 signatures are collected by September 20, the petition will be submitted to the relevant standing committee. The petition argues that delaying the implementation of digital asset taxes for two years is necessary because imposing such taxes could significantly reduce foreign exchange earnings, leading to a substantial decline in corporate tax revenues. (Source: PANews)
South Korean petition to delay virtual asset tax gathers over 32,000 signatures
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As of September 7, 2026, a petition to delay South Korea’s virtual asset tax by two years has gathered over 32,000 signatures, according to digital asset news. The campaign requires 50,000 signatures for review by the National Assembly, with 18,000 still needed before the September 20 deadline. The petition argues that the tax could reduce foreign exchange revenue and corporate tax income. On-chain reports indicate rising public concern about the policy’s economic impact.
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