South Korea to deploy cryptocurrency tracking system in 2023

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The story "South Korea to deploy cryptocurrency tracking system in 2023" was covered 1 months ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 1 mo ago

South Korea to deploy cryptocurrency tracking system in 2023 - Coin Telegraph

Quick Summary:

The Virtual Currency Tracking System’ will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.

The finalized ruling from the Supreme Court ordered damages ranging from as little as $6 to around $6,400 be paid to the 132 investors involved.“The burden or the cost of technological failures should be shouldered by the service operator, not [the] service users who pay commission for the service,” the court stated.

We will build a criminal justice system that meets international standards (global standards).