Kim Min-seok Calls for Focused Discussion on Cryptocurrency Taxation

by Lee da hui Posted : October 22, 2026, 10:24Updated : October 22, 2026, 10:24

Kim Min-seok, leader of the Democratic Party, stated on October 22 that it is time to conduct a focused review of cryptocurrency taxation, expressing his intention to reach a conclusion by the end of the year.


During an appearance on the Democratic Party's YouTube broadcast 'Minty 07,' Kim noted, "There has been a growing call for cryptocurrency taxation and various opinions have emerged, so I suggested to the government that we conduct a final review and reach a conclusion." Cryptocurrency taxation has been postponed three times since the system was established in 2020.


Kim highlighted several issues, including whether the market conditions are favorable, the perspectives of young people, and whether a taxation system for cryptocurrencies is in place. He stated, "It is time to begin focused discussions on whether to proceed with cryptocurrency taxation as planned or to consider how to improve the system." He emphasized that while discussions about the budget are currently the most pressing issue, it is essential to finalize this matter within the year.


Regarding the impeachment of Chief Justice Cho Hee-dae, Kim took a cautious stance. He remarked, "It is necessary to align with public opinion, so I have stated from the beginning that we will go through a thorough process of persuasion and explanation on this matter." He acknowledged that demands for impeachment have increased recently and indicated that efforts to enhance public persuasion will require preparatory measures.


He added, "As part of this process, a national investigation has been proposed within the party, and we will proceed step by step on these matters."





* This article has been translated by AI.