#QuickTakes By

South Korea To Launch Crypto Tracking System In 2023

Scribbled Arrow

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

The Ministry of Justice in South Korea announced plans to implement a crypto-tracking system to stop the financing of criminals and recover money linked to criminal activity.

-: FOLLOW US :-  @theinsaneapp

"Virtual Currency Tracking System" can be used to keep track of the transaction history and extract data related to transactions and determine the source of the funds before and following the remittance.

-: FOLLOW US :-  @theinsaneapp

The system is scheduled to be operational within the first half of 2023.

-: FOLLOW US :-  @theinsaneapp

Ministry of Foreign Affairs South Korean ministry shared plans to create an independent monitoring and analysis system for the second quarter of the year.

-: FOLLOW US :-  @theinsaneapp

The South Korean police previously established an agreement with five crypto exchanges to assist criminal investigations. 

-: FOLLOW US :-  @theinsaneapp

The goal is to create a safe and secure trading environment for crypto traders.

#GIVEAWAY BY INSANE

Do you know that we give away around $250 USd in cash prizes every week?

Let’s grow together!