South Korea has officially recognized cryptocurrencies as divisible assets in divorce proceedings.
South Korea has officially recognized cryptocurrencies as divisible assets in divorce proceedings. Cryptocurrencies like Bitcoin (BTC) can now be considered part of shared assets between spouses and divided in the event of a separation. This decision follows a 2018 Supreme Court ruling that classified virtual assets as property. Additionally, courts now allow spouses to request investigations to uncover any hidden cryptocurrency assets.
Source: cryptopotato.com
