South Korea allows division of crypto in divorce settlements

[wallet4bitcoin]

Although I consider this move a welcoming approach towards the adoption of crypto but the context of this adoption makes me worry a little. china has not been the best when it comes to adoption of crypto and its related operations and now we have it being considered when divorce is discussed.   

If I am to opinionate on this issue, I'll say that it be reversed until it becomes a legally adopted currency within the country and then allowing it for divorce settlements should become a derivative of its adoption.

[Z-tight]

If I am to opinionate on this issue, I'll say that it be reversed until it becomes a legally adopted currency within the country and then allowing it for divorce settlements should become a derivative of its adoption.

It is an asset, a property too, it does not have to be a legal tender before the government can pass such laws about it. Couples seeking divorce in many countries divide properties upon divorce and what SK is doing here is simply adding BTC as one of the properties that can also be divided if it was acquired during the marriage.

[Rruchi man]

So who wants to marry a Korean woman after today?

This kind of update on divorce settlement will not only be exclusive to  Korean women soon because in other countries where divorce is also rampant, they will soon update their laws once they start recognizing crypto as an asset that should be shared amongst man and wife on separation.

It will be quite painful seeing the crypto that you have spent years to accumulate being shared with a partner that does not deserve it, that is why we need to marry correctly or do not be so clouded by love that prenuptial agreements are forgotten.

[target]

So who wants to marry a Korean woman after today?

This kind of update on divorce settlement will not only be exclusive to  Korean women soon because in other countries where divorce is also rampant, they will soon update their laws once they start recognizing crypto as an asset that should be shared amongst man and wife on separation.

It will be quite painful seeing the crypto that you have spent years to accumulate being shared with a partner that does not deserve it, that is why we need to marry correctly or do not be so clouded by love that prenuptial agreements are forgotten.

Well a husband has to respect the rights of their wife. Even when a person doesn't have crypto holdings he will still have to share his wealth to the woman he once loved.

All the more for supporting kids. Men has to understand that it will be hard for a woman to start over again when the marriage fail. After all the divorce has to be agreed by both parties, if she doesn't agree to the divorce, the man will need to support her anyway.

[NotATether]

This is good because in some European countries the laws force the husband to give up half of his or her entire assets to the wife upon divorce.

This is why a prenuptial agreement is so important. It basically dictates which assets the husband and wife get in the event of a divorce, and it's legally binding so there is no "going after assets that a private detective found in your possession) kind of thing happening. I actually don't know why more people don't do this to be honest.

Anyone opposed to writing this sort of thing is a red flag to be honest.