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Finance Minister Pledges Reform After Crypto Handling Failure in Korea

by Decrypt
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Finance Minister Pledges Reform After Crypto Handling Failure in Korea

In brief

  • South Korea’s finance minister has pledged sweeping reforms to how government agencies handle crypto.
  • The review comes after police lost access to Bitcoin by relying on a third-party custodian without control of private keys.
  • The latest failures have underscored the operational risks facing governments grappling with the technical demands.

South Korea’s finance minister has pledged sweeping reforms to how government agencies handle digital assets after a series of high-profile failures…

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