South Korea's National Tax Service is investing $2.2 million in an artificial intelligence system aimed at monitoring cryptocurrency transactions to address tax evasion. According to NS3.AI, the system is anticipated to be operational by the end of 2026, integrating exchange records with blockchain data, including activities from non-custodial wallets. A survey conducted by the Financial Services Commission reveals that South Korea has over 11 million verified crypto investors, although the growth of tradable accounts has decelerated in the second half of 2024.