Express

South Korea to Launch Crypto Tracking System in 2023

Summary: South Korea has announced plans to launch a cryptocurrency tracking system to counter money laundering crimes, according to reports by Cointelegraph. The “Virtual Currency Tracking System” will be used to monitor transactions, extract information, and locate fund sources, according to local media outlets. The system will be launched in 2023, with plans of developing an ...

South Korea has announced plans to launch a cryptocurrency tracking system to counter money laundering crimes, according to reports by Cointelegraph.

The “Virtual Currency Tracking System” will be used to monitor transactions, extract information, and locate fund sources, according to local media outlets.

The system will be launched in 2023, with plans of developing an independent tracking system in the second half of the year.

Author: Katie Lin

Last Update:

Tags: ,,,,
Link: South Korea to Launch Crypto Tracking System in 2023   [Copy]
Next:

Related Articles

  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 2 days ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 3 days ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 9 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 15 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 18 days ago

    • You need to login to comment.