South Korea Plans Bill to Track and Freeze North Korean Crypto Funding Weapons Programs

The government of South Korea is working on a bill that aims to track and freeze North Korean crypto and virtual assets used for illicit weapons programs. The bill will address the need to repair the country's cybersecurity framework and includes measures to track and neutralize stolen crypto assets. Additionally, the government plans to establish a national cybersecurity committee under the president's control to enhance defense against hacking attempts.