BSCN(@BSCNews):South Korean courts ease crypto debt relief while seizure rules tighten Three new rehabilitation courts now exclude crypto and stock losses when setting court-supervised repayment plans, easing the burden on indebted traders in a country where household debt tops 90% of GDP. Other arms are tightening: the @FSC_Korea cut debt forgiveness for aid applicants with crypto holdings in June, while proposed Supreme Court rules targeted for October 1 would let creditors seize and freeze debtors' wallets.

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2026.08.15 20:55

South Korean courts ease crypto debt relief while seizure rules tighten Three new rehabilitation courts now exclude crypto and stock losses when setting court-supervised repayment plans, easing the burden on indebted traders in a country where household debt tops 90% of GDP. Other arms are tightening: the @FSC_Korea cut debt forgiveness for aid applicants with crypto holdings in June, while proposed Supreme Court rules targeted for October 1 would let creditors seize and freeze debtors' wallets.