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Tag: South Korea

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South Korea’s Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims
South Korea’s top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation.   New Rules on Asset Seizure South Korea’s Supreme Court has announced a sweeping update… Read full article
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South Korean Court Backs Crypto-Specific Asset Seizure Framework
South Korea proposes formal rules for crypto seizure during civil enforcement actions.
New framework prevents debtors from hiding digital assets during ongoing lawsuits.
Courts gain structured procedures for crypto liquidation and creditor compensation.

South Korea’s Supreme Court has proposed new… Read full article
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South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction market platform. Read full article
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