Woofun AI reports that the Supreme Court of South Korea unveiled a legislative preview of the "Partial Amendment to the Civil Execution Rules" on July 2. These regulations aim to standardize the civil enforcement and monetization of virtual assets, scheduled to take effect on October 1 following a public consultation period ending August 11.

The amendments address the enforcement of claims involving digital asset transfers and the assets themselves. Once a seizure order is active, third-party debtors are barred from transferring assets to the debtor, and debtors cannot dispose of related rights. Creditors may request courts to compel third parties to acknowledge claims. Monetization methods include transfer orders, sale orders via virtual asset businesses, or conversion into more liquid digital assets prior to sale.