South Korea Plans AI System to Track Crypto Transactions

South Korea is preparing a new system to monitor crypto transactions. The government wants to track trading activity more closely. They want to make sure investors pay the correct taxes. The project will be developed by the National Tax Service (NTS). It is called the Virtual Asset Comprehensive Analysis System. The system will use artificial intelligence to study crypto transaction data and detect unusual activity.

据韩国时报,韩国国税厅(NTS)已启动“虚拟资产综合分析系统”招标(约 30 亿韩元),计划 4 月开始系统设计、11 月试运行,并在 11—12 月上线;NTS 称将使用 AI 机器学习追踪异常交易模式,并与关税厅等部门共享疑似违规线索。政府拟自 2027 年 1 月起对虚拟资产收益征税,超过 250 万韩元部分适用 22%…

— 吴说区块链 (@wublockchain12) March 12, 2026

Officials say the project will cost about ₩3 billion (around $2 million). The system is also part of the country’s plan to start taxing crypto profits in 2027. As crypto trading continues to grow in South Korea. Authorities want better tools to monitor the market.

AI System Will Track Unusual Crypto Activity

The new system will rely on AI and machine learning to study large amounts of transaction data. These tools will help authorities identify unusual trading patterns or possible tax evasion. If suspicious activity appears. The system will flag the transactions for further review. The government also plans to share this information with other agencies. These may include the Korea Customs Service and other financial regulators. By sharing data, officials hope to investigate suspicious activity faster.

Development Will Begin This Year

The tax agency has already opened a bidding process to build the system. Once a company is selected, development will begin in April. After testing the system, a trial run will start in November 2026. If everything works as planned. The system will officially launch between November and December 2026. This timeline gives the government time to prepare before the new crypto tax rules begin.

New Crypto Tax Rules Coming in 2027

South Korea plans to introduce a tax on profits from crypto trading. Under the proposed rules crypto gains above ₩2.5 million (around $1,800) will be taxed. The total tax rate will be 22%. This includes a 20% income tax and a 2% local tax. Authorities say the new monitoring system will help track these profits more accurately. By analyzing transaction data, the government hopes to identify investors. Those who may try to hide income from crypto trading.

Growing Focus on Crypto Regulation

South Korea is one of the biggest crypto markets in Asia. Millions of people in the country trade digital assets. With this, regulators want stronger tools to monitor the industry. Many other governments are also using technology to track crypto transactions. The goal is to create a safer and more transparent market. For South Korea, the new AI system will be an important step as the country prepares for its upcoming crypto tax rules.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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