News linked to both this project and an event.
According to ZDNet Korea, South Korea’s National Tax Service (NTS) issued a tender notice on April 15 to introduce cryptocurrency transaction tracking software from firms including Chainalysis and TRM Labs. The system aims to monitor cryptocurrency transactions in real time, trace hidden assets of tax evasion suspects, and combat disguised inheritance, gifting, and offshore tax evasion involving digital assets. It can track approximately 70 million types of cryptocurrencies—including Bitcoin, Ethereum, XRP, and stablecoins—across 45 blockchain layers. The system also features “de-mixing” capabilities to identify mixing-service-based money laundering techniques and can perform partial identity verification for non-custodial wallets such as MetaMask and Phantom. This marks the NTS’s third deployment of such solutions since 2024; system construction is scheduled for completion in June, with official operation commencing in July.
According to Cointelegraph, blockchain analytics firm Chainalysis released a report stating that stablecoin-adjusted transaction volume is projected to reach $719 trillion by 2035—marking a substantial increase from $28 trillion in 2025. If two major macro catalysts align, this figure could double further to $15 trillion, surpassing the current annual global cross-border payment volume of approximately $10 trillion. The two catalysts are: (1) the transfer of over $100 trillion in wealth from the Baby Boomer generation to younger, crypto-native generations; and (2) stablecoins fully replacing traditional payment rails as the default payment infrastructure. Rachael Lucas, an analyst at Australian crypto exchange BTC Markets, noted that strategic moves—including Stripe’s acquisition of Bridge and Mastercard’s partnership with BVNK—are concrete steps forward. Coupled with regulatory clarity provided by the GENIUS Act, institutional participation is expected to expand significantly.