According to CoinMeta, as reported by digital and asset, the South Korean Ministry of Finance and Economy and the National Tax Service have reiterated that gains derived from the transfer or lending of digital assets held in personal self-managed wallets or overseas exchanges are generally subject to taxation, without distinction based on the location of the assets or the trading channels. The taxation plan for digital assets in South Korea is categorized as "other income," with a deduction limit of 2.5 million Korean won and a tax rate of 20%. It is expected to be officially implemented on January 1, 2027. To address the issue of tracking individual wallets, the National Tax Service has stated that it will introduce online transaction tracking and analysis procedures to close tax loopholes. For overseas exchanges, plans are in place to collect transaction data through an overseas financial account declaration system and an automatic information exchange mechanism for digital assets (carf). At the same time, the two departments are reviewing the taxation standards for assets obtained through staking, lending, airdrops, and hard forks, but they have indicated that it is currently difficult to reasonably estimate the specific scale of taxes for these categories.