A study commissioned by the National Assembly Budget Office recommends allowing virtual asset transfer losses to be carried forward for five years and raising the current tax exemption threshold of 2.5 million won. The proposals come as full-scale crypto taxation is set to begin in January next year. The report also calls for tax incentives to encourage use of South Korean exchanges, amid concerns that the rollout could drive capital outflows to overseas markets. It further seeks category-specific rules for staking (locking crypto to earn rewards), lending, airdrops and hard forks.