According to News1, the South Korean National Tax Service (NTS) is piloting the custody and management of seized virtual assets by private crypto custody firms for the first time. The related tender was announced on April 29, with a bidding deadline of May 12. The pilot program is planned to run until the end of this year. Major Korean custody firms like KODA, KDAC, Hecto WalletOne, BDACS, and InfiniteBlock are all preparing to participate. Although the pilot project’s budget is only around $5,800, the industry views securing a 'South Korean NTS project' as a symbolic reference case. https://(wublock123.com)/news/south-korea-ntc-pilots-seized-crypto-custody-by-private-keepers-60819