South Korea May Freeze Crypto Accounts Before Gains Are Cashed Out in Major Crackdown
Yahoo Finance·2026-01-06 15:02

South Korean financial authorities are weighing a new enforcement tool that would allow them to freeze crypto-related accounts before suspected gains are cashed out. The proposal, described as a “payment freeze” system, is intended to stop suspects from withdrawing, transferring, or otherwise concealing profits while investigations are still underway. Officials Warn Crypto Profits Are Escaping Reach Under Current Rules Local outlet Newsis reported that the Financial Services Commission discussed the id ...