The Seoul Shinmun reported that a plan is being pursued to track funds stolen by criminal organizations through voice phishing, etc., even if they are converted into coins and moved through various exchanges to electronic wallets. According to financial industry sources, the Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) is pushing for the introduction of an on-chain data solution from Chainalysis, a blockchain specialized company. The FSC reported to the National Assembly a plan to allocate a related budget of 1.93 billion won. An FIU official explained, "Previously, we primarily monitored the point at which virtual assets entered financial institutions or were cashed out. Going forward, we will strengthen detection to include the process of virtual assets moving within the blockchain after they are converted."
