South Korea's Crypto Bombshell:

[Coinpedia Fintech News]

South Korea's National Police Agency is implementing a transformative approach that is having a significant impact on the crypto industry. They are developing an advanced system capable of monitoring wallet addresses in real-time and even freezing funds on Binance, which is currently the largest cryptocurrency exchange globally.

The next step for the agency involves organising a 'Working Meeting on Virtual Asset Exchanges' involving Binance and the top five South Korean crypto exchanges: Upbit, Bithumb, Coinone, Korbit, and Gopax. The primary objective of this meeting is to outline and discuss the innovative regulatory strategy being proposed.

Moreover, this move comes hot on the heels as Binance has assembled its own team to delve further into this development. To learn more about this story, please read the full article on Coinpedia.