- South Korea’s National Tax Service has formally begun work on an integrated crypto-asset analysis system.
- The system will integrate and analyze crypto transaction information and blockchain data to strengthen the agency’s ability to track tax evasion and money laundering.
- The NTS expects AI-based detection of suspicious transactions and visualization of fund flows between wallets to expand its analysis to include non-custodial wallet transactions.
Forecast Trend Report by Period
South Korea’s National Tax Service has begun building an integrated crypto-asset analysis system to bolster efforts against tax evasion and money laundering involving virtual assets.
The NTS held…
