Legislators in South Korea are reportedly considering a fourth postponement of the country's virtual asset taxation framework. Current discussions suggest the implementation could be delayed until 2027 due to unresolved institutional defects. Key issues preventing immediate enforcement include regulatory ambiguity surrounding specific activities such as airdrops and staking rewards. Furthermore, authorities cite insufficient infrastructure to effectively track users and verify transactions on foreign exchanges. Without robust mechanisms to monitor overseas trading, enforcement remains challenging. Experts have warned that repeated postponements risk undermining the credibility of the nation's crypto policy, suggesting that continued delays could erode reliability in the government's regulatory stance. [Update 1] New reports reinforce the likelihood of a delay to 2027, highlighting that the lack of readiness in tracking foreign trades and taxing complex DeFi activities remains a primary obstacle.