South Korea Flags Record Surge in Suspicious Crypto Transactions

In a surprising turn of events, South Korea has noticed a record increase in questionable transactions this year and is now keeping a closer eye on the crypto exchanges. Virtual asset service providers notified authorities of 36,684 incidents between January and August 2025 alone. The number is greater than the number for the previous two years. According to data supplied by the Financial Intelligence Unit (FIU) and the Korea Customs Service, there is growing worry about money laundering and illegal financial transactions using digital assets. However, officials say that stricter restrictions and improved monitoring systems have made it easier to spot unusual activities. The sharp rise suggests that South Korea is taking more action to guarantee the security and responsibility of its quickly growing cryptocurrency industry.