The ruling and main opposition parties reached an agreement on the idea of delaying taxation on the gains from cryptocurrency trading to 2023 from the initially planned 2022, in an apparent attempt to win support from voters in their 20s and 30s during the presidential election next year. Rep. Noh Woong-rae of the ruling Democratic Party of Korea (DPK) said Monday that the members of the subcommittee on taxation under the Strategy & Finance Committee of the National Assembly held an unofficial meeting a day earlier and agreed partially to his proposal of a revision to the Income Tax Act.

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