Dunamu and Over 7 Firms Bid for South Korean Police Crypto Asset Custody Project

PANews reported on June 24, citing The Korea Economic Daily, that at least seven companies, including Dunamu, the operator of South Korean crypto exchange Upbit, have submitted proposals to become the first private custodian for virtual assets seized by the Korean National Police Agency. Other bidders include major custodians Korea Digital Asset (KODA), Korea Digital Asset Custody (KDAC), BDACS, Hecto Wallet One, Infinite Block, and DSRV. An official from a virtual asset custodian explained that the selection result may be finalized as early as next month. The official noted that in a previous pilot project conducted for the National Tax Service, the winning bidder was confirmed within one to two weeks after the proposal presentation.
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Author: PA一线

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