‍South Korea Drafts New Crypto Seizure Rules Amid Custody Challenges The South Korean National Police Agency (KNPA) has developed new guidelines for managing seized digital assets, including privacy-focused cryptocurrencies, to standardize storage and address past mishandling. The KNPA aims to select a private custody provider by mid-2026, despite budget constraints and previous unsuccessful bidding attempts. This initiative follows a phishing incident in January 2026 where 320 Bitcoin, seized in August 2025, went missing from government custody but were later recovered and sold, highlighting the urgent need for robust digital asset custody solutions. https://cryptovka.com/news/south-korea-police-draft-new-c…