South Korea proposes crypto seizure rules for civil debt enforcement
Covered by 2 sources · 2 articles
2 outlets - including Cryptotimes and Crypto - are covering this story. The country’s Supreme Court has proposed standardized court procedures for crypto seizure, liquidation and enforcement, with public consultation open until August 11 and implementation expected in October.
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South Korea Mandates New Court Rules for Crypto Seizure by October
The country’s Supreme Court has proposed standardized court procedures for crypto seizure, liquidation and enforcement, with public consultation open until August 11 and implementation expected in October.
South Korea proposes crypto seizure rules for civil debt enforcement
South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to…