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Following President Yoon Suk-yeol's declaration of martial law three days ago, the National Assembly's legislative review has effectively come to a halt, putting various economic and livelihood bills, including the postponement of virtual asset taxation and the abolition of the financial investment tax, at risk of drifting.

According to industry sources on the 9th, a representative from the National Assembly's Political Affairs Committee stated that discussions on anything other than impeachment are virtually impossible. It is reported that the proposals for abolishing the financial investment income tax (financial investment tax) and postponing virtual asset taxation, which were pending in the Tax Subcommittee of the Planning and Finance Committee, have also been sidelined. If the National Assembly's deadlock continues until the end of the year and the related bills are not amended, the financial investment tax and virtual asset taxation are scheduled to be implemented as originally planned from next year.

Meanwhile, Lee Bok-hyun, the head of the Financial Supervisory Service, has moved to address concerns that various capital market policies and bills are likely to drift in the financial investment industry. On this day, Lee held a financial situation review meeting at the Financial Supervisory Service in Yeouido-dong, Seoul, and stated, "The regulatory advancements that the supervisory authorities have focused on must be consistently pursued without any wavering."

A Democratic Party official also stated, "The Democratic Party plans to abolish the financial investment tax as scheduled on the 10th. We will not reverse our stance on confirmed matters."