A public petition on South Korea’s National Assembly platform has attracted more than 5,000 supporters for a two-year delay to cryptocurrency taxation. Registered on Aug. 17, with signatures accepted from Aug. 21 through Sept. 20, it argues that imposing the tax amid widespread investor losses and financial pressure on domestic crypto companies could reduce collectable revenue, citing falling corporate tax payments from exchanges including Dunamu. Reaching more than 5,000 signatures sends the petition to the relevant standing committee for review under National Assembly rules. South Korea’s crypto tax, initially planned for January 2022 and delayed repeatedly, is currently scheduled for Jan. 1, 2027. The proposed regime would impose a 20% capital gains tax on annual crypto profits exceeding 2.5 million won, or about $1,800. The petition seeks to move implementation to 2029 and could feed debate over the timeline, tax threshold and treatment of long-term holders.