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The National Police Agency of South Korea has revealed its intention to establish a system that allows for real-time monitoring of wallet addresses and the freezing of funds. In pursuit of this goal, the police agency is scheduled to hold a meeting with Binance and the top five crypto exchanges in South Korea to discuss the proposed plans. Given that South Korea ranks as the second-largest cryptocurrency market, authorities in the country are actively engaged in monitoring crypto exchanges and related firms.<h3 id="south-korea-aims-to-implement-real-time-monitoring-system-on-binance">South Korea Aims to Implement Real-Time Monitoring System on Binance:</h3>According to local news media, the National Police Agency of South Korea has scheduled a virtual asset exchange working meeting on May 30 with Binance and the top five crypto exchanges in the country, namely Upbit, Bithumb, Coinone, Korbit, and Gopax. The primary objective of the meeting is for the agency to discuss the implementation of a criminal investigation system that enables real-time monitoring of wallet addresses and allows for the freezing of funds specifically on the Binance exchange.Read Full Article Here: <a href="https://cryptosheadlines.com/south-korea-proposes-fund-freezing-system-for-binance-and-major-crypto-exchanges/" rel="noopener noreferrer nofollow">https://cryptosheadlines.com/south-korea-proposes-fund-freezing-system-for-binance-and-major-crypto-exchanges/</a>Join Cryptos Headlines Community: <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">https://linktr.ee/cryptosheadlines.com</a>

South Korea Proposes Fund Freezing System for Binance and Major Crypto Exchanges

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