South Korea Recognizes Cryptocurrencies as Dividable Assets in Divorce

- South Korea has recognized cryptocurrencies as divisible assets in divorce proceedings. 💍

- According to IPG Legal, cryptocurrencies such as Bitcoin (BTC) can be included in marital assets and shared between couples.

- A 2018 Supreme Court ruling classified digital assets as property due to their economic value.

- Couples can request a court-ordered investigation to determine their spouse’s crypto assets.

- Cryptocurrencies can be converted into cash or divided directly into tokens.

- The move reflects South Korea’s transparency-focused approach. 🏛️