South Korea mulls adding crypto to integrated inheritance asset lookup

South Korea’s Financial Services Commission plans to include virtual assets left by the deceased in its integrated inheritance asset lookup service, allowing them to be checked in one place like deposits and stocks, News1 reported. Virtual assets have so far been excluded from the government’s inheritance asset search system, requiring bereaved families to check each exchange individually, and the commission plans to consult related agencies to address the issue. It is also reviewing steps to simplify crypto inheritance procedures and standardize criteria that currently vary by exchange.

Source: Coinness