South Korean customs to redesign training to combat crypto-related crimes

South Korea's Korea Customs Service announced on Feb. 25 that it is completely redesigning the training system for its special judicial police to respond to the changing environment of trade crime investigations, Dailian reported. The overhaul includes an expanded focus on foreign exchange investigations involving virtual assets. The new plan features enhanced professional education at the agency's Customs Border Control Training Institute and expanded on-the-job training at customs offices nationwide. A new long-term course will be established for the foreign exchange investigation field, covering topics such as virtual asset tracking and analysis and case studies on investigation techniques. This is intended to strengthen the agency's ability to counter new criminal methods, including illegal currency exchange and money laundering that utilize virtual assets.