In brief
- South Korea’s finance minister has pledged sweeping reforms to how government agencies handle crypto.
- The review comes after police lost access to Bitcoin by relying on a third-party custodian without control of private keys.
- The latest failures have underscored the operational risks facing governments grappling with the technical demands.
South Korea’s finance minister has pledged sweeping reforms to how government agencies handle digital assets after a series of high-profile failures exposed weaknesses in state custody and oversight of seized crypto.
Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol said Saturday that the government would urgently review how digital assets are held and managed across…
