South Korea's National Court Administration has established formal enforcement procedures for virtual assets, with revised Civil Execution Rules taking effect on November 1. The new rules explicitly clarify seizure and cash-out processes for cryptocurrencies such as Bitcoin, replacing the previous reliance on general "other property rights" provisions due to the intangible nature of digital assets. The updated framework addresses two primary scenarios: assets held at exchanges and assets stored in personal wallets. It covers a range of liquidation methods including asset seizure, transfer orders, and commissioning exchanges to sell seized holdings. The changes come amid a surge in related legal cases requiring court-enforced crypto liquidations.