South Korean National Tax Service Commissioner Nominee: Will Revamp Crypto Transaction Record Collection System to Combat Tax Evasion

South Korea's National Tax Service Commissioner nominee, Im Kwang-hyun (transliterated), stated at a personnel hearing held by the National Assembly's Strategy and Finance Committee that they will expedite the reorganization of the virtual asset transaction record collection system and related regulations to address the growing trend of tax evasion using new transaction methods. (Yonhap News Agency) [Odaily Planet Daily News]