South Korea plans to implement cryptocurrency taxation starting next January, though significant gaps remain in the tax infrastructure. National Tax Service Commissioner Lim Kwang-hyun confirmed during a parliamentary audit that preparations are underway for the rollout, but acknowledged challenges in fully tracking private wallet transfers and overseas platform transactions. Despite the planned introduction of the Crypto-Asset Reporting Framework (CARF), authorities admit it cannot cover all transaction types. The Bank of Korea previously highlighted similar regulatory blind spots during its own parliamentary audit, underscoring ongoing difficulties in establishing comprehensive oversight for cross-border and non-custodial crypto activities.