South Korea caps crypto lending rates at 20%, bans leveraged loans
South Korea's Financial Services Commission has implemented new regulations for crypto lending, capping interest rates at 20% and banning leveraged loans. These measures aim to enhance consumer protection and stabilize the market.
WPN Brief
South Korea's Financial Services Commission has implemented new regulations for crypto lending, capping interest rates at 20% and banning leveraged loans. These measures aim to enhance consumer protection and stabilize the market.
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