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South Korea’s National Tax Service is pushing a plan to manage year-end statistics on top virtual asset holders, the so-called major crypto owners, The Herald Business reported.
According to South Korea’s public procurement platform KONEPS, the National Tax Service on Oct. 6 disclosed preliminary specifications for a project covering the operation and maintenance of its 2027 computerized data recovery system forensics platform and integrated virtual asset analysis system. A notable item in the project is year-end virtual asset statistics for top holders. The agency specified that system administrator functions will include the operation and maintenance of transaction statement statistics by user, by virtual asset and by exchange, as well as year-end statistics on top holders. The move appears aimed at laying the groundwork to identify the status of users with large virtual asset holdings by exchange.