According to DigitalAsset, South Korea's Deputy Prime Minister and Minister of Economy and Finance, Choo Kyung-ho, stated that the virtual asset tax will be implemented as planned on January 1, 2027. Any shortcomings in the system can be addressed and improved after taxation begins. Under the current tax law, annual crypto gains exceeding 2.5 million KRW will be subject to a separate 20% tax, with the maximum tax rate reaching 22% after including local taxes. This tax policy has already been postponed three times.