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The South Korean government plans to postpone the implementation of a digital asset income tax for two years.

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The South Korean government will formally postpone its plan to impose a tax on digital assets for two years, marking the fourth such extension. The tax plan, originally scheduled to launch on January 1, 2027, involves a 22% tax (including local taxes) on crypto gains, with a deduction of 2.5 million won (approximately US$1,864). (Source: Yonhap News Agency)

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