South Korean lawmakers criticize the government's plan to tax virtual asset gains and call for an immediate withdrawal

According to Digital Asset, Park Soo-young, a member of the Korean National Power Party, criticized the government's plan to tax virtual asset gains, stating that it is "a threat of a tax bomb if one does not invest in the domestic stock market," and demanded an immediate withdrawal.

Member Park Soo-young stated on her YouTube channel: "I hope this punitive tax plan that puts 13 million digital asset users in danger can be withdrawn immediately." She added, "This does not mean that people will invest in domestic stocks; on the contrary, it will only accelerate the outflow of national wealth." She cited that approximately 124 trillion won flowed into overseas digital asset exchanges from January to September last year.