South Korea
Digital Asset
National Tax Service to Verify Accuracy of Reported DEX, Private Wallet, and DeFi Transactions
- The NTS will verify reported DEX, private wallet, and DeFi transactions using transaction-tracing tools, on-chain analysis, AML infrastructure, and tax infrastructure.
- Domestic exchanges will collect individual transaction histories for trades made on or after January 1, 2027.
- Overseas exchange data will be obtained via foreign financial account reporting, the Crypto-Asset Reporting Framework (CARF), and cross-border tax information exchange.