3
South Korean authorities have reportedly flagged a record number of suspicious crypto transactions this year, with the total already surpassing the combined numbers of the past two years.
Citing Financial Intelligence Unit (FIU) data provided to Representative Jin Sung-joon and the Korea Customs Service (KCS) statistics, Yonhap News reported that local virtual asset service providers (VASPs) filed 36,684 suspicious transaction reports (STRs) between January and August 2025.
STRs are one of South Korea’s core Anti-Money Laundering (AML) tools….
