Sunday, November 8, 2026
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Sunday, November 8, 2026 · Morning · Economy 4 pages
Front page · Finance

Crypto asset taxation postponed
Decision delayed again

On November 8, a high-level party-government meeting discussed whether to delay crypto asset taxation, but reached no conclusion.

  1. 1 pagesCrypto asset taxation postponed Decision delayed againFinance
  2. 2 pagesGuamegi price up 20% Saury cost jumped 40%Economy
  3. 3 pagesBusan Fireworks Festival 1.2 million visitors, SKT network managementEconomy
  4. 4 pagesMayor Kim Sang-wook visits China Inspects offshore wind and hydrogenEconomy
Finance · Under review · 11 sources combinedp. 1 / 4

Crypto asset taxation postponed
Decision delayed again

D-22 Deadline November 30 · Bill processing deadline if postponed
Photo: 연합뉴스

In short

On November 8, a high-level party-government meeting discussed whether to delay crypto asset taxation, but reached no conclusion.

The Democratic Party and government decided to make a decision after further reviewing investor opposition and insufficient tax system preparation.

To postpone, the bill must be processed by the end of November, leaving little time remaining.

Key facts

WhenA high-level party-government meeting was held at the National Assembly on November 8.
WhoAttendees included Democratic Party Leader Kim Min-seok, Prime Minister Han Sung-soo, and Presidential Chief of Staff Lim Kwang-hyun.
WhatThe meeting discussed whether to delay crypto asset taxation scheduled to take effect on January 1, 2027.
HowNo final decision was made; they will decide after further review.

What it means for me

For those investing in crypto assets, whether taxation will apply next year remains uncertain.

Economy · 2 sources combinedp. 2 / 4

Guamegi price up 20%
Saury cost jumped 40%

D-DAY Deadline November 8 · Last day of Guryongpo Guamegi Festival
Photo: 한국경제

In short

Guamegi (dried and grilled saury) from Guryongpo, Pohang started selling from the 28th of last month.

As the price of saury, the raw material, rose sharply, guamegi prices also increased by around 20% compared to last year.

Pohang City is holding a guamegi festival and pursuing imports of Taiwanese saury.

Visitor info

Event27th Pohang Guryongpo Guamegi Festival, Ara Square area, Guryongpo-eup, Nam-gu, Pohang, Gyeongbuk, November 7–8
Seoul area eventPromotion campaign from November 16 at major Seoul metropolitan areas including Seoul Station

Key facts

WhenGuryongpo guamegi began its first shipment on the 28th of last month.
Where156 production and processing companies in the Guryongpo area of Pohang, Gyeongbuk make it.
WhatThis year's local shipment price rose by approximately 20% compared to last year.
HowAs raw saury prices jumped by around 40%, companies bore the cost burden.

What it means for me

Consumers enjoying guamegi in winter will pay higher prices than usual this year.

Economy · 5 sources combinedp. 3 / 4

Busan Fireworks Festival
1.2 million visitors, SKT network management

Photo: 연합뉴스

In short

SK Telecom provided special AI-managed network support during the Busan Fireworks Festival on November 7.

Mobile base stations were additionally installed in the Gwangalli area, where over 1.2 million people gathered.

Service quality was carefully monitored using a new metric called perceived quality satisfaction rate.

Visitor info

LocationGwangalli Beach area in Busan (including Yongho Bay and Igidae)
PeriodNovember 7, 2026, 1 p.m. to 8 p.m.

Key facts

WhenThe event was held at Gwangalli Beach from 1 p.m. to 8 p.m. on November 7.
WhoSK Telecom deployed about 100 personnel including partner companies for emergency duty.
WhatA new perceived quality satisfaction rate metric was introduced to analyze quality across four types: web, SNS, and others.
HowMobile base stations and temporary relay equipment were additionally installed in Gwangalli, Marine City, and surrounding areas.

What it means for me

You can reference communication congestion preparation strategies for participating in major festivals and events.

Economy · 3 sources combinedp. 4 / 4

Mayor Kim Sang-wook visits China
Inspects offshore wind and hydrogen

Photo: 연합뉴스

In short

Ulsan Mayor Kim Sang-wook visited industrial sites in China from November 5 to 8.

At the invitation of Ming Yang Group, he examined cooperation plans for offshore wind and hydrogen technology.

The schedule aimed to find opportunities to link with Ulsan's offshore floating wind power project.

Key facts

WhenVisit from November 5 to 8, with itinerary on November 6 in Yangjiang.
WhereIndustrial sites in Zhongshan, Yangjiang, and Shenzhen in Guangdong Province, China.
WhoMayor Kim Sang-wook of Ulsan and regional business officials and delegation members.
WhatInspected Ming Yang Group's floating offshore wind equipment and met with Yangjiang mayor.

What it means for me

Useful reference for residents interested in Ulsan's regional industrial policy and business cooperation trends.

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