Korea to set up unit to crack down on crypto tax evasion

South Korea’s National Tax Service (NTS) announced on Jan. 26 that it will establish a dedicated unit to combat tax evasion involving virtual assets. According to News1, the plan was unveiled at the Government Complex Sejong as part of the agency’s 2026 National Tax Administration Operation Plan. The new unit will oversee all efforts related to virtual asset tax evasion, including building systems to track and analyze transaction data.