The platform will process large volumes of crypto trading data using artificial intelligence and machine learning.
South Korea Crypto News
South Korea’s National Tax Service has launched a procurement bid for an AI-powered platform to track cryptocurrency transactions. The system is designed to detect tax evasion and support enforcement of the country’s planned digital asset tax. The project is valued at approximately 3 billion Korean won, or around $2 million.
The platform will process large volumes of crypto trading data using artificial intelligence and machine learning. It will flag unusual transaction patterns that may indicate hidden income or unpaid taxes. The NTS plans to share suspected offender lists with the Korea Customs…
