South Korean Supreme Court Clarifies Enforcement Procedures for Crypto Assets

TechFlow reported that on November 9, according to Yonhap News Agency, the Administrative Office of the Supreme Court of Korea stated on November 9 that the revised Civil Execution Rules took effect on November 1, officially clarifying the procedures for freezing, transferring, and liquidating crypto assets such as Bitcoin.

Under the new rules, crypto assets held through exchanges can be subjected to forced execution by seizing the user's right to request asset transfers from the exchange; for crypto assets held directly in personal wallets, courts may issue orders prohibiting debtors from disposing of the assets and require them to be transferred to the custody of executing officers, who will subsequently sell or allocate them to creditors in accordance with the law.

Data indicates that civil execution cases involving crypto asset exchanges in Korea have continued to rise, reaching 423 in 2023, increasing to 3,136 in 2025, and totaling 3,186 in the first nine months of 2026.