[South Korea Reaches Consensus on Two-Year Delay for Virtual Asset Tax; Final Vote Postponed] Oh Ki-hyung, Secretary-General of the ruling Democratic Party, and Bae Joon-young, Secretary-General of the opposition People Power Party, stated that the ruling and opposition parties have reached a consensus on a two-year delay in the virtual asset income tax. The income tax amendment failed to pass a vote due to government opposition to raising the basic deduction for virtual assets and disagreements among lawmakers regarding regulations such as the obligation for exchanges to submit transaction data. The final vote will be held on the last day of the tax system subcommittee. (Source: Yonhap News Agency)