According to ZDNet Korea, the Korean National Tax Service plans to select a private cryptocurrency asset custody institution as early as the first half of this year to manage confiscated virtual assets. The agency is establishing selection standards with a focus on examining security requirements, company scale, and whether insurance has been purchased in accordance with the "Virtual Asset User Protection Act." Following two previous theft incidents involving confiscated crypto assets of the Korean National Tax Service due to accidental exposure of seed phrases in documents, the agency has decided to transfer management to a professional custody institution.