South Korea establishes a permanent Crypto Investigative Unit to combat rising cryptocurrency-related crimes and fraud.

South Korea plans to establish a permanent Crypto Investigative Unit to counter rising cryptocurrency-related crimes & fraud, following a 49% increase in suspicious transactions. The unit, South Korea's first dedicated investigative body for digital asset crimes, comprises 30 experts from financial & tax authorities. This comes ahead of the country's first comprehensive crypto regulation on July 19.

April 29, 2024
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