South Korea’s National Tax Service recovered 33.9 billion won, or about $23 million, in tax arrears over the past nine months through cross-border tax cooperation, according to The Korea Times. The country is set to begin receiving virtual asset transaction data from 56 countries next year under a new crypto asset reporting framework, expanding tax authorities’ visibility into overseas cryptocurrency activity. The development reinforces South Korea’s broader use of international information-sharing to strengthen tax enforcement involving cross-border assets.