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South Korea police draft crypto seizure rules after custody lapses: Report

Jon Hartney by Jon Hartney
March 17, 2026
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South Korea police draft crypto seizure rules after custody lapses: Report

Local media outlet Asiae reported that the national police aim to select a private custody provider in the first half of 2026.

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South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how digital asset evidence is stored and managed.

According to a report by local media outlet Asiae, the KNPA completed a draft directive outlining compliance requirements at each stage of crypto seizure. The directive includes measures for managing software wallets needed to handle crypto assets and privacy-focused tokens. 

A police spokesperson told Asiae that as investigative paradigms change, field investigators need systematic guidelines along with appropriate support. “In the past, seized assets were stored in warehouses. Now we must manage wallet addresses and private keys,” the spokesperson said. 

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