South Korea Details AI System for Crypto Tax Monitoring
Airfind news item
By Ezra Reguerra
Published on April 21, 2026.
South Korea's National Tax Service (NTS) has initiated a tender for software licenses to track virtual asset transactions as part of tax evasion enforcement. The contract is for 146.5 million won (around $99,500), with delivery due within 30 days of contract signing. This follows reports that the NTS is preparing a broader AI-based crypto monitoring system ahead of the country's planned 2027 tax rollout. The move is seen as an effort to expand enforcement capabilities as the country prepares for the implementation of a controversial crypto tax.
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