According to a report from CoinDesk, the Korea National Tax Service is accelerating preparations for taxing virtual assets in 2027, including setting up a new Digital Assets Integrated Division and pushing forward the construction of a Virtual Asset Integrated Analytics System. A petition signed by 50,000 people in the National Assembly calling for the abolition of virtual asset taxes has not yet been added to the agenda, and discussion has stalled. Under the current tax regime, virtual asset investment gains are taxed at 22% after deducting 2.5 million Korean won, and losses from virtual asset investments cannot be carried over across years to offset taxes. Related discussions are expected to move forward after the government’s tax reform plan is released at the end of July.