South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

Publikováno: 28.8.2023

#Blockchain News #South Korea #Crypto Regulation #Upbit #Bithumb

South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.
The new regulations for crypto exchanges are aimed at enhancing user protection in the event of unforeseen incidents such as hacks or system failures....
Read More: South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million