The post South Korea Deploys AI to Monitor Crypto Trading Data appeared on BitcoinEthereumNews.com.

South Korea plans an AI system to track crypto trades ahead of its delayed digital asset tax set for 2027. The $2.3M AI platform will analyze exchange data to detect hidden income and possible crypto tax evasion. Authorities may share AI-generated crypto trading insights with the Bank of Korea and Customs Service. South Korea is preparing to tighten oversight of cryptocurrency trading by introducing an artificial intelligence–driven monitoring platform designed to analyze digital asset transactions. The initiative comes as authorities move closer to implementing a long-delayed tax on cryptocurrency profits scheduled to take effect in January 2027. Officials say the system will help tax authorities track trading activity, identify investment gains, and detect potential tax evasion as the country prepares to enforce its digital asset tax framework. AI Platform to Analyze Crypto Transactions According to a report by The Korea Times, South Korea’s National Tax Service (NTS) has opened a bid to develop an AI-powered monitoring system capable of analyzing large volumes of cryptocurrency transaction data. The project is valued at about 3 billion Korean won, roughly $2.3 million. The platform is intended to process data collected from cryptocurrency exchanges and other digital asset platforms. By applying artificial intelligence and machine learning tools, the system will examine transaction flows and behavioral patterns to identify unusual activity. Authorities say the technology will allow analysts to detect hidden income and identify traders who may not accurately report profits generated from cryptocurrency investments. The system will also help regulators review large datasets related to virtual asset trading across different financial channels. Development Timeline and Implementation The National Tax Service plans to select a contractor by March to build the monitoring platform. Once the developer is chosen, the design phase is scheduled to begin in April. Testing and evaluation phases will continue throughout the…

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Filed under: News - @ March 13, 2026 4:28 pm