Regulation· ★★★· bearish·

Seoul Prosecutor Proposes 6-Month Freeze of Crypto Assets on Korean Exchanges

  • —Proposal would let Korea's FIU freeze exchange-held assets for up to six months
  • —Measure covers tokens including Sui while in custody of Korean exchanges
  • —Initiative comes from a Seoul Central District prosecutor
Why it matters: Tighter control over exchange-held assets in Korea could pressure listed tokens and raise risks for holders.
Source: Coinotag