South Korea to Launch Unit for Monitoring Crypto Tax Evasion

South Korea's National Tax Service (NTS) has announced plans to create a specialized unit aimed at addressing tax evasion in the virtual asset sector. According to NS3.AI, this new division will be responsible for managing all activities related to crypto tax evasion and will focus on developing systems to track and analyze transaction data. The initiative is part of the NTS's 2026 National Tax Administration Operation Plan, reflecting the country's commitment to enhancing oversight in the rapidly evolving digital asset landscape.