South Korea is set to enhance its efforts against cryptocurrency-related crimes by transforming its Joint Investigation Unit (JIU) into a full-scale investigative division by early 2025. This upgrade aims to more effectively target fraud, price manipulation, and illicit trading within the crypto sector. The move follows the unit's initial establishment in July 2023, and it will expand the authority and resources of the JIU, indicating a serious commitment to combating financial misconduct in the rapidly evolving digital asset landscape.
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South Korea has decided to make its crypto crime task force into a permanent investigative unit, an official said today. If approved, the unit expanding its authority and resources beyond its initial formation in July 2023. Read more: https://t.co/arysHYaDz0
South Korea Wants to Upgrade Its Crypto Task Force Into Full Investigative Unit ► https://t.co/jDmyUQ8pIt https://t.co/jDmyUQ8pIt