
South Korea's Tax Service Seeks Secure Crypto Custodian
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
South Koreas National Tax Service seeks a private company to securely store its seized cryptocurrency assets, following a major blunder in February that led to unauthorized transfers. The agency is drafting strict criteria for potential custodians, focusing on security, company scale, and insurance coverage. A new task force is formed to guide the selection and overhaul operations, and a dedicated unit is established to centralize crypto duties.
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