- Rep. Kang Jun-hyun said limits on major shareholders’ stakes in virtual asset exchanges should be separated from the Digital Asset Basic Act and discussed later.
- He said the government’s review of a 20% ownership cap for major shareholders in virtual asset exchanges requires industry input and open public discussion.
- He said virtual asset taxation should follow the principle that income should be taxed, while allowing for sufficient social consensus and advance communication in light of concerns about hurting the market.
Rep. Kang Jun-hyun Says Crypto Exchange Ownership Caps Should Be Addressed Separately, Taxation Needs Social Consensus
Rep. Kang Jun-hyun of the Democratic Party said limits on major shareholders’ stakes in virtual asset exchanges should be discussed separately from the Digital Asset Basic Act at a later stage. On virtual asset taxation, he said the…
bloomingbit
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Sep 15, 2026 at 8:54 AM UTC · 2 分钟阅读
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Rep. Kang Jun-hyun of the Democratic Party said limits on major shareholders’ stakes in virtual asset exchanges should be discussed separately from the Digital Asset Basic Act at a later stage. On virtual asset taxation, he said the principle should be maintained, but only with sufficient social consensus.
Maeil Business Newspaper reported on September 15 that Kang said in a recent interview that if legislation is being delayed over the ownership cap alone, the issue could be regulated later at 20% or 30% based on social consensus. He proposed prioritizing enactment of the basic law and discussing limits on major shareholders’ stakes separately.
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