South Korea
Odaily
Upbit Parent Company Dunamu Proposes Improved Inheritance Protection System for Virtual Assets
- Dunamu calls for clearer legal procedures allowing heirs to verify and claim a deceased person's virtual asset holdings held on exchanges.
- The proposal highlights gaps in existing inheritance law, which was designed around traditional financial assets and does not adequately cover crypto assets.
- Dunamu suggests closer cooperation between exchanges, courts, and regulators to standardize identity verification and asset-transfer procedures for inherited crypto holdings.