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October 22, 2026 3:15 am
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South Korea’s National Tax Service plans to request a preliminary review of its notice on virtual asset taxation on Nov. 6 and issue an administrative notice on Nov. 30, Digital Asset reported. The notice is set to take effect on Jan. 1, 2027.
The draft notice is to be finalized on Oct. 30, followed by public comment collection, drafting steps and a request for preliminary review, confirmation of regulatory targets, approval of the drafting plan, an administrative notice, additional opinion gathering, and implementation.