South Korea Police Draft Crypto Seizure Regulations Amid Custody Lapses

South Korea Police Draft Crypto Seizure Regulations Amid Custody Lapses

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South Korean police are reportedly drafting new regulations for cryptocurrency seizures and plan to select a private custody provider by the first half of 2026. This initiative aims to address previous custody lapses and establish a more secure framework for managing seized digital assets.

Local media outlet Asiae reported that the national police aim to select a private custody provider in the first half of 2026.