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South Korea proposes crypto seizure rules for civil debt enforcement – TON BOT

South Korea proposes crypto seizure rules for civil debt enforcement

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that allow cryptocurrencies to be seized, transferred, and sold during debt collection proceedings. The measures will take effect on Oct. 1 after public consultation until Aug. 11. The rules cover procedures for seizure, liquidation, and enforcement against digital assets.


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