Summary
- Dunamu said it used the 2026 National Assembly Legislative Expo to highlight the need to improve the virtual asset inheritance system.
- Dunamu said it proposed including virtual assets in the government’s integrated inheritance asset inquiry service and creating a system that can swiftly restrict account trading.
- A Dunamu official said the company will continue working to build a user protection system that matches the growth of the digital asset industry and push for institutional improvements.
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Dunamu, the operator of Upbit, said on Nov. 9 that it participated in the 2026 National Assembly Legislative Expo and highlighted the need to improve the system for inheriting virtual assets.
At the event, held for two days starting Nov. 5 at the central lawn plaza of the National Assembly in Yeouido, Seoul, Dunamu introduced institutional gaps in the virtual asset inheritance process and measures to protect users’ property rights. Visitors to the booth included National Assembly Speaker Cho Jung-sik, lawmakers from both the ruling and opposition parties, policy officials and members of the public.
Under the theme, “The Value of Digital Assets, Safely to the Next Generation,” Dunamu emphasized the need for an institutional framework that would allow heirs to identify a deceased person’s virtual assets and inherit them securely. It presented as a key area for improvement the fact that virtual assets, unlike conventional financial assets, are excluded from the government’s integrated inheritance asset inquiry service.
Currently, heirs must contact each exchange individually to determine whether the deceased held virtual assets. Exchanges, meanwhile, may struggle to identify a user’s death before it is reported by the bereaved family, creating gaps in account management and asset protection.
Dunamu proposed including virtual assets in the integrated inheritance asset inquiry system and creating a framework that can swiftly restrict trading in an account after a user’s death. Employees at the event explained the current state of the system to visitors and gathered views on inconveniences in the inheritance process and ways to improve it.
One visitor in his 50s said he came to recognize the importance of the system after his father recently died and he was able to review the estate at once. He said he was surprised that virtual assets still remain outside the system and that an institutional foundation is needed to safeguard a deceased person’s assets and help surviving family members recover them.
A Dunamu official said many people sympathized with the reality that financial assets such as bank deposits and securities can be checked through the government’s One-Stop Safe Inheritance Service, while virtual assets cannot. The expo also gave the company an opportunity to communicate directly with the public and hear voices from the field while underscoring the importance of building a user protection system suited to the growth of the digital asset industry. The company will continue to put user protection first and work with a range of stakeholders to pursue institutional improvements so the value of digital assets can be passed on safely to the next generation, the official added.
The National Assembly Legislative Expo, held for the second time this year, is a public-participation event hosted by the National Assembly Secretariat to discuss legal and policy improvements needed for everyday life and business activity.