South Korea is still scheduled to begin taxing virtual asset income on Jan. 1 at a combined 22% rate on gains above 2.5 million won. A finance ministry official reiterated the timeline at a National Assembly forum. The opposition People Power Party is pushing legislation to delay or abolish the tax, adding political uncertainty to the planned rollout. Under the policy, taxable crypto-related gains are treated as other income, and the measure is expected to affect about 13.26 million investors.