South Korea’s National Police Agency has introduced new guidelines for handling seized cryptocurrencies after multiple security lapses.
Summary
- South Korea’s National Police Agency has drafted new guidelines to standardize how seized cryptocurrencies are stored and managed, including provisions for privacy-focused assets.
- The move follows a series of security lapses, including lost Bitcoin linked to custody failures.
The KNPA has drafted a directive outlining compliance requirements across multiple stages of crypto seizure, storage, and management, local media outlet Asiae reported on Tuesday.
As part of the measures, law enforcement would have to follow…
