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Bitcoin on Exchanges Can Be Legally Seized in South Korea, Supreme Court Affirms - Decrypt

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Bitcoin on Exchanges Can Be Legally Seized in South Korea, Supreme Court Affirms - Decrypt

The South Korean Supreme Court has ruled that Bitcoin held on exchanges can be legally seized, affirming the government's authority to confiscate cryptocurrency assets in enforcement actions. This decision underscores the increasing regulation of digital currencies in the country and clarifies the legal treatment of cryptocurrencies in the context of asset seizure.

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