{
  "id": 19490424,
  "title": "Political parties tentatively agree on taxes on digital assets in 2029",
  "url": "https://urgent.news/2026/11/11/political-parties-tentatively-agree-on-taxes-on-digital-assets-in-2029-19490424",
  "topic": "world",
  "section": "World",
  "published": "2026-11-11T12:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/southkorea/others/20261111/political-parties-tentatively-agree-on-taxes-on-digital-assets-in-2029"
  },
  "original_language": "en",
  "account": "The ruling and opposition parties in South Korea have reportedly reached a tentative consensus on introducing taxes on digital assets, aiming to delay their implementation by two years, according to a lawmaker from the ruling Democratic Party of Korea. A subcommittee of the National Assembly's finance and economy committee, comprising lawmakers from both main parties, has reportedly agreed on the matter. While the exact specifics of the bill have yet to be finalized, the parliamentarians are reportedly discussing necessary procedural matters. Finance Minister Lee Hyoung-il had previously announced last week that the government intends to postpone a planned tax on digital assets from 2027 to 2029.",
  "summary": "The ruling and opposition parties have tentatively agreed on introducing taxes on digital assets in 2029, a ruling party lawmaker said Wednesday, as the government seeks to delay such taxes by two years. Rep. Oh Gi-hyoung of the ruling Democratic Party of Korea told reporters that a subcommittee of the National Assembly's finance and economy committee that includes lawmakers from the main…",
  "key_points": [
    "South Korean ruling and opposition parties tentatively agree on digital asset taxes.",
    "Tax on digital assets postponed from 2027 to 2029.",
    "Subcommittee from both main parties reached consensus."
  ],
  "editors_take": "Postponing the digital asset tax deadline provides investors with a two-year buffer as political leaders prioritize procedural consensus over immediate revenue collection from the emerging cryptocurrency market.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Political parties tentatively agree on taxes on digital assets in 2029",
        "url": "https://urgent.news/2026/11/11/political-parties-tentatively-agree-on-taxes-on-digital-assets-in-2029",
        "published": "2026-11-11T11:00:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}