South Korea Drafts New Rules for Handling Seized Crypto Assets

[tradelikepro]

South Korea’s National Police Agency (KNPA) has introduced draft guidelines to standardize how seized cryptocurrencies are stored and managed.

According to local reports, the directive outlines procedures for handling digital assets at every stage of seizure, including managing private keys and software wallets—marking a shift from traditional evidence storage methods.

The move comes as authorities adapt to evolving investigative needs, with officials noting that crypto assets require entirely new custody practices compared to physical goods.

[encrypted]

This is actually a big step for law enforcement catching up with crypto