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Seoul Turns Its Attention to the Stablecoin Washing Line

6/9/2026

Seoul Turns Its Attention to the Stablecoin Washing Line There is a particular kind of announcement that, on its surface, reads as routine police business and, beneath that surface, reveals something more interesting about how money actually moves through the modern world.

The latest from the National Office of Investigation at the Korean National Police Agency falls into that category.

Park Seong-ju, who runs the office, has told reporters in Seoul that virtual asset investigations will no longer treat the laundering trail as an optional sidequest.

From now on, tracing how criminal proceeds flow through Tether and similar instruments is part of the basic casework, woven into investigations of fraud and narcotics rather than treated as a separate, more exotic discipline.

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