South Korea Develops AI System to Monitor Cryptocurrency Transactions

South Korea's National Tax Service is developing an AI-based system to monitor cryptocurrency transactions. According to NS3. AI, the system aims to analyze approximately 8 billion annual crypto transactions to prevent tax evasion. This initiative is part of preparations for new virtual asset taxation and mandatory exchange data submissions set to begin next year. source: https://www.binance.com/en/square/post/294998439174578?utm_source=BinanceNewsRSS