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South Korea to Implement Fast-Track Crypto Asset Seizure Rules
The South Korean judiciary is moving toward a more structured legal framework for the recovery of digital assets in civil litigation. A proposed amendment to the Supreme Court’s Civil Execution Rules aims to streamline …
South Korea to Compensate Virtual Asset Victims of Voice Phishing Scams
South Korea’s Financial Supervisory Service (FSS) has officially initiated a technological overhaul to integrate digital assets into its national financial fraud compensation framework. Launched on August 6, 2026, the "…
South Korea to Implement Crypto Tax in 2025 Without Further Delay
The South Korean Ministry of Economy and Finance has officially finalized the 2026 Tax System Revision Bill, notably excluding any further provisions to postpone the taxation of virtual assets. According to reports from…
South Korea Launches 41-Member Task Force to Track Crypto Drug Crimes
The South Korean National Police Agency has officially inaugurated a specialized investigative unit comprising 41 expert personnel dedicated to tracking virtual asset transactions linked to illegal drug trafficking. Sta…
South Korean Police Probe Former Incheon Mayor Over Crypto Concealment
South Korean law enforcement authorities have initiated a formal investigation into Yoo Jeong-bok, the former Mayor of Incheon, following allegations of undisclosed cryptocurrency holdings during a local election cycle.…
South Korea Proposes Law to Seize Self-Custodied Virtual Assets
Tax authorities in South Korea are advocating for a significant legislative update to the Criminal Procedure Act to enhance their ability to seize digital assets held in private wallets. This initiative aims to address …
Nigeria Unveils Comprehensive Virtual Assets Regulatory Framework
President Bola Tinubu has signed a landmark executive order focused on the oversight and management of digital assets within Nigeria. Effective immediately, this directive seeks to unify a previously fragmented regulato…
Bitcoin Suisse Subsidiary Secures ADGM License for UAE Expansion
The Swiss-based cryptocurrency financial services firm, Bitcoin Suisse Group, has reached a significant milestone in its international growth strategy. Its subsidiary, BTCS (Middle East) Ltd., has officially obtained a …
South Korea to Implement New Civil Enforcement Rules for Crypto
The Supreme Court of South Korea has officially announced a legislative preview for the “Partial Amendment Rules for Civil Enforcement Rules,” a move designed to integrate virtual assets into the nation's formal legal e…
South Korean Regulators Maintain Strict Stance on Crypto Rules
South Korean financial authorities have officially rejected calls for the immediate relaxation of regulations governing the virtual asset sector. Following a comprehensive internal review concluded on June 22, 2026, the…