CoinOtag
2025-12-07 09:22:59

South Korea Eyes Bank-Level Rules for Crypto Exchanges After Upbit Solana Hack

South Korea is enhancing crypto exchange regulations by imposing bank-level liabilities, requiring no-fault compensation for hacks like the recent Upbit breach. This aims to protect users and align digital assets with traditional finance standards, addressing gaps in current oversight. New no-fault compensation rules for crypto exchanges in South Korea will mandate reimbursing users for losses [...]

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