South Korean city of Cheongju enforces tax law by selling seized cryptocurrency from delinquents.
Bitcoin News

Cheongju’s Landmark Move: South Korean City Sells Seized Crypto from Tax Delinquents in Historic Enforcement Action

In a definitive move blending modern finance with civic duty, the South Korean city of Cheongju has successfully sold confiscated cryptocurrency from local tax delinquents, converting digital assets into public funds and setting a powerful precedent for municipal enforcement. This landmark action, completed in late 2024, represents the first finalized sale since the city initiated […]