List of Flash News about cold wallet seizure
Time | Details |
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2025-10-11 11:00 |
South Korea Tax Crackdown: Plan to Seize Crypto From Cold Wallets May Impact KRW Markets and BTC, ETH Liquidity
According to the source, South Korea plans to allow tax authorities to seize cryptocurrencies held in cold wallets as part of a new tax enforcement crackdown. Source: X post dated Oct 11, 2025. For traders, headline risk from potential enforcement could widen KRW pair spreads and lift intraday volatility on local venues; monitor BTC and ETH basis and funding on KRW markets versus USD venues, and track Korea-linked flows for signs of forced selling if an official directive is issued. Source: X post dated Oct 11, 2025. Until an official notice is released by South Korea’s authorities, consider position sizing and leverage controls to manage potential gap risk around any confirmation. Source: X post dated Oct 11, 2025. |