South Korea’s political deadlock over virtual asset taxation has broken under the weight of market reality. Lawmakers from both major parties have agreed to delay the planned 20% Crypto Tax on gains until 2027 following data revealing $110 billion in annual capital flight. This bipartisan reversal is a strategic pivot driven by a retail exodus that has drained liquidity from domestic exchanges in favor of offshore derivatives platforms. The Financial Services Commission (FSC) confirmed that outflows acce ...