The ‘Virtual Currency Tracking System’ will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.
South Korea to deploy cryptocurrency tracking system in 2023
Comment
Recommend Reading
2023-01-29FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28
Genesis Capital’s fall might transform crypto lending — not bury it
IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
US prosecutors seek to ban SBF from Signal after alleged witness contact
White House cryptocurrency ‘roadmap’ recommends against pension funds
Fed policy to align bank oversight could limit crypto activities by state banks
