PANews reported on May 28 that, according to the Korea Economic Daily, the Korean National Police Agency has established a special task force to combat cryptocurrency money laundering. The task force is headed by the head of the Economic Crime Investigation Division, with participation from the Cyber ​​Crime Investigation Division, Cyber ​​Counterterrorism Response Division, Violent Crime Investigation Division, Narcotics Crime Investigation Division, and Criminal Intelligence Division. Police pointed out that Tether is being abused as a tool for illegal money laundering, and unregistered virtual asset exchange providers are proliferating throughout Seoul. Police plan to crack down on money laundering as a separate crime, applying the Specific Financial Information Act to unregistered virtual asset service providers suspected of violations. Police have also secured a budget of 100 million won for cryptocurrency tracking training. Previously, some bank accounts linked to domestic exchanges were suspected of being used as money laundering channels after the daily deposit limit was raised (from 5 million won to 500 million won).