South Korean Lawmaker Park Soo-young Calls for Withdrawal of Virtual Asset Tax Plan

According to Digital Asset reports, South Korea People Power Party lawmaker Park Soo-young stated that taxing virtual asset gains is equivalent to requiring investors who do not invest in domestic stocks to bear "tax pressure," and called on the government to withdraw the relevant plan. He believes that while abolishing financial investment income tax to support the domestic stock market, imposing "punitive tax" only on digital assets is unreasonable and may accelerate capital flow overseas.