South Korea ramps up crypto seizures, will target cold wallets

South Korea’s commitment to combating tax evasion in the cryptocurrency space has reached a new level, as the National Tax Service (NTS) announced plans to target even those crypto assets stored offline in cold wallets. This move underscores the government’s determination to enforce strong compliance measures as crypto adoption becomes increasingly mainstream a hot topic…

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South Korea Flags Record 36,684 Suspicious Crypto Transactions in 2025

South Korea has reported a record-breaking surge in suspicious cryptocurrency transactions in 2025, flagging 36,684 cases between January and August alone more than the combined totals from 2023 and 2024. This unprecedented growth underscores mounting concerns over crypto-fueled money laundering, cross-border remittance schemes, and the use of stablecoins in complex financial crimes. Suspicious Transaction Reports…

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