South Korea Tightens Crypto Scrutiny: Cracking Down on Cold Wallet Evasion

South Korea’s National Tax Service (NTS) is ramping up its efforts to combat tax evasion in the booming cryptocurrency sector. New measures target the concealment of digital assets, even those stored in offline cold wallets, signaling a more assertive stance on crypto compliance as adoption surges across the nation. The NTS plans home searches and asset seizures if suspicious activity regarding these