Yonhap News reported that the government will introduce a system to systematically manage public sector virtual assets worth 78 billion won. On the 10th, the government approved the 'Improvement Plan for Public Sector Virtual Asset Holding and Management System' at an emergency economic headquarters meeting presided over by Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol at the Seoul Government Complex. The government mandates that virtual assets seized or confiscated from personal wallets must be immediately transferred to institutional wallets, such as 'cold wallets' with internet access blocked on-site, for storage. Crucial information such as private keys or recovery phrases issued when creating institutional wallets must be managed by at least two individuals, divided among them.
