PANews reported on September 22nd that data from the Financial Information Analysis Unit ( FIU ) of South Korea showed that virtual asset service providers submitted 36,684 suspicious transaction reports ( STRs ) from January to August 2025 , exceeding the combined total of the previous two years. During the same period, virtual asset-related crimes totaled 9.56 trillion won, with "underground banking" crimes accounting for over 90%. Recently, stablecoins such as USDT have been used for illegal cross-border fund transfers, and relevant authorities are strengthening their monitoring and oversight.
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