South Korea Acknowledges Crypto as Marital Property in Divorce
- South Korean law firm IPG Legal clarified that during divorce proceedings, cryptocurrency holdings will be divided as marital assets under the country’s civil law.
- South Korea’s Financial Services Commission (FSC) is reviewing the ban on cryptocurrency exchange-traded funds (ETFs), signaling a potential shift in its regulatory stance.
As per the latest developments, South Korean law firm IPG Legal has recently clarified the law associated with crypto distribution during divorce cases. As per the law firm, married couples in South Korea will be able to divide their crypto holdings during divorce proceedings.
The recent clarification came while responding to clients as the law firm stated that per South Korean law, both tangible…
