South Korea Govt. to start tracking crypto transactions this year

South Korea will be adopting a crypto-tracking system within the first half of 2023. With the new system in place, authorities will be able to monitor and analyze cryptocurrency transactions as part of the governments anti-money laundering efforts. South Koreas Ministry of Justice (MOJ) announced that it will adopt a crypto tracking system, which it plans to implement within the first half of 2023, according to Bitcoin.com. The Justice Ministry said in its 2023 task report that the crypto tracking system will monitor and analyze transactions in digital currencies and is aimed at helping...

source: https://tokenpost.com/South-Korea-to-start-tracking-crypto-transactions-this-year-9878

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Published by: Book Club
Source: NewsService