This post is amazing. South Korea’s National Tax Service is actively promoting the adoption of transaction-tracking software to comprehensively trace tax evasion involving virtual assets (cryptocurrencies), including non-custodial wallets (self-custodied wallets) in its analysis scope. ■ Tracking Scope: • Identification of hidden virtual assets • Detection of inheritance and gift transactions conducted with unreported virtual assets • Analysis of non-custodial wallets (e.g., MetaMask, Phantom) is possible For more details, please read the original source. South Korea is reportedly preparing to begin taxation soon, so it may be building a robust surveillance infrastructure in advance. Japan hasn’t officially announced anything, but that doesn’t mean it can’t track these transactions. As long as you file properly, there’s no issue— but the loss of freedom undermines the very foundation of cryptocurrencies… For those who value decentralization, this is deeply unsettling.