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South Korea's tax agency deploys on-chain surveillance ahead of 2027 levy

Summary by Cryptopolitan
South Korea’s National Tax Service is building an AI system that tracks crypto transactions and catches tax evaders. The agency kicked off the project on May 8 at the Seoul Regional Tax Office. The budget for the new AI system is ~$2.2 million, and the finish date is by the end of 2026. The system will pull crypto transaction records from exchanges and blockchain data, then flag transactions like money laundering, unreported gifts, and offshore …
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http://coinprofitnews.com broke the news on Sunday, May 10, 2026.
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