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South Korea Implements New Crypto Lending Regulations
CryptocurrencyCrypto RegulationUpdated 21 hours ago

South Korea Implements New Crypto Lending Regulations

South Korea has introduced new regulations for the crypto lending market, banning high-risk leveraged loans and capping interest rates at 20%. These measures are designed to enhance investor protection and stabilize the market, reflecting a proactive approach to consumer safety in the rapidly evolving cryptocurrency landscape.

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South Korea bans leveraged crypto loans, sets 20% ceiling on rates
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South Korea has implemented new regulations banning high-risk leveraged crypto loans and capping interest rates at 20%. This move aims to enhance investor protection and stabilize the market.
South Korea caps crypto lending rates at 20%, bans leveraged loans
PositiveCryptocurrency
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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