A South Korean petition seeking a two-year delay to digital-asset taxation has reached the 50,000-signature threshold required for National Assembly committee consideration. The proposed regime remains scheduled to begin on Jan. 1, 2027, imposing a combined 22% national and local tax on annual gains exceeding 2.5 million won from digital-asset transfers and lending. The National Tax Service is preparing detailed rules before implementation, including standards for acquisition costs, private-wallet activity and overseas platforms. Committee referral does not amend the Income Tax Act, ensure a vote or suspend the tax timetable; lawmakers would need to pass another amendment to postpone the start date.