Dunamu Proposes Reforms to Protect Crypto Assets in Inheritance at National Assembly Legislative Expo

Dunamu, the operator of cryptocurrency exchange Upbit, is proposing measures to improve the system for protecting crypto assets in inheritance proceedings.

Dunamu said on the 5th that it will operate a booth at the 2026 National Assembly Legislative Expo, held on the central lawn of the National Assembly, under the slogan “The Value of Digital Assets, Safely to the Next Generation.” Dunamu

Dunamu said on November 5 that it will operate a booth under the slogan "The Value of Digital Assets, Safely to the Next Generation" at the 2026 National Assembly Legislative Expo, held on the central lawn of the National Assembly. The booth will be open for two days starting November 5.

The key measures Dunamu is proposing at the expo are "迅速ly protecting the deceased's crypto assets" and "making it easy and convenient for heirs to locate crypto assets." Dunamu believes that trading in accounts held in a deceased person's name should be restricted promptly, noting that exchanges have difficulty confirming a user's death until an heir separately reports it to the exchange.

Dunamu also highlights that financial assets, land, automobiles, taxes, and pensions can be checked all at once, while crypto assets are currently excluded from the search. It addresses issues such as heirs having to contact each exchange individually to find out whether the deceased held crypto assets.

The booth will also provide information about Dunamu's growth, as well as its major services, including Upbit and Giwa. It will introduce various activities that the company has undertaken to contribute to society, including youth talent development and investor protection.

A Dunamu official said, "Although crypto assets are already a valuable asset held by many people in Korea, with more than 11.17 million users domestically alone, it is true that there are still gaps in institutional protection during the inheritance process. We hope this policy proposal will help establish an institutional framework that not only protects the deceased's assets more securely but also makes it easy and convenient for heirs to locate their valuable assets."

This content was produced with the assistance of AI translation services.