Candidate for the Commissioner of the National Tax Service of South Korea: Will reorganize the collection system for cryptocurrency transaction records to combat tax evasion

ChainCatcher news, according to the Korea Yonhap News Agency, the candidate for the head of the National Tax Service of South Korea, Lim Kwang-hyun (phonetic), stated at a personnel hearing held by the National Assembly's Planning and Finance Committee that he will strengthen efforts to combat tax evasion using new trading methods such as virtual assets, and will reorganize the collection system for virtual asset trading records and related regulations to address the growing situation of tax evasion through new trading methods.