Dunamu Discusses Policy Improvements for Virtual Asset Inheritance Protection at National Assembly

'2026 National Assembly Legislative Expo' Concludes Successfully

Dunamu, which operates the cryptocurrency exchange Upbit, announced on November 9 that it had participated in the 2026 National Assembly Legislative Expo, held from November 5 to 6 at the Central Lawn Plaza of the National Assembly in Yeouido, Seoul.

During the event, Dunamu set up a booth that was visited by National Assembly Speaker Cho Jungsik, lawmakers from both the ruling and opposition parties, National Assembly legislation and policy officials, and members of the public. Dunamu proposed ways to address institutional blind spots in the inheritance of virtual assets and improve policies to resolve them.

At the Dunamu booth at the 2026 National Assembly Legislative Fair, held on May 5 at the Central Lawn of the National Assembly in Yeouido, National Assembly Speaker Cho Jungsik (center) and Secretary General of the National Assembly Ko Yongjin (right) pose for a commemorative photo with Dunamu CEO Oh Kyungseok (left). Dunamu

Through its participation in the expo, Dunamu drew attention to the fact that exchanges currently have difficulty determining whether a user has died until an heir separately reports the death to the exchange. It stressed the need for a system that can quickly restrict transactions in accounts held in the names of deceased users and safely protect their assets. Since heirs must contact each exchange individually to find out whether the deceased held virtual assets, Dunamu also proposed institutional improvements to make it easier for heirs to check the deceased's assets.

A Dunamu official said, "Many people agreed that, while financial assets such as bank deposits and securities can currently be viewed together through government services such as the 'Safe Inheritance One-Stop Service,' this is not the case for virtual assets. Through this expo, we were able to highlight the importance of establishing a user protection framework commensurate with the growth of the digital asset industry, while also communicating directly with the public and listening to their concerns."

The official added, "We will continue to make user protection our top priority and engage with a range of stakeholders to pursue institutional improvements, so that the value of digital assets can be safely passed on to future generations."

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