South Korean Crypto Exchanges To Stop Lending With Immediate Effect
99BitcoinsTuesday, August 19, 2025 at 9:43:12 AM
The South Korean Financial Services Commission has mandated that crypto exchanges halt lending immediately to address risky practices in the digital asset sector.
Editor’s Note: This decision is significant as it reflects the government's efforts to regulate the volatile crypto market and protect investors from potential losses. By stopping lending, authorities aim to mitigate risks associated with unregulated financial activities.
— Curated by the World Pulse Now AI Editorial System
