[South Korean Police Establish Special Task Force to Combat USDT Money Laundering Activities] According to the Korea Economic Daily, the South Korean National Police Agency has formed a special task force to combat cryptocurrency money laundering. The task force is led by the head of the Economic Crime Investigation Division, with participation from the Cybercrime Investigation Division, Cyber Terrorism Response Division, Violent Crime Investigation Division, Drug Crime Investigation Division, and Criminal Intelligence Division. The police pointed out that Tether is being misused as an illegal money laundering tool, and unregistered virtual asset exchanges are spreading across Seoul. The police plan to treat money laundering as an independent offense and apply violations of the "Specific Financial Information Act" to unregistered virtual asset service providers. Additionally, the police have secured a budget of 100 million KRW for cryptocurrency tracking training. Previously, some bank accounts linked to domestic exchanges were suspected of being used as money laundering channels after their daily deposit limits were lifted (from 5 million KRW to 500 million KRW).