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South Korea's New Crypto Guidelines

Published 2 weeks, 1 day ago
Description

South Koreas National Police Agency introduces new rules for managing seized cryptocurrencies, focusing on secure handling of software wallets and private keys. The shift aims to prevent future losses and mishandling, following cases where digital assets vanished or were mismanaged. The agency plans to choose a private custody firm by mid-2026, holding around 50.7 billion Korean won in Bitcoin and 1.8 billion Korean won in Ether.

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