[South Korean Finance Minister Pledges Reforms After Mishandling of Cryptocurrency] According to Decrypt, South Korea's Deputy Prime Minister and Minister of Economy and Finance, Choo Kyung-ho, has pledged to carry out comprehensive reforms in the way public institutions in the country handle digital assets. This comes after a series of incidents exposed weaknesses in the government's custody and oversight of seized cryptocurrencies. Choo Kyung-ho stated that he will collaborate with agencies such as the Financial Services Commission and the Financial Supervisory Service to review the current status and management practices of digital assets held and managed by the government and public institutions through measures such as seizures. He also promised to take swift action to enhance the security of digital assets and prevent similar incidents from occurring in the future. He emphasized that digital assets held by the government are limited to those obtained through legal enforcement measures such as tax seizures or criminal investigations.