South Korea’s planned virtual asset taxation regime, scheduled to take effect next year, is drawing concerns over consistency and fairness, particularly in comparison with stock taxation. At a National Assembly forum reviewing the 2027 system, Park Jong-soo, head of the Korea Tax Law Association, said crypto assets should be classified according to their transaction functions rather than treated as a single asset class. Participants also argued that virtual assets and equities have different legal characteristics and investor-protection frameworks, meaning identical tax treatment is not necessarily required.