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by: xpoolPosted on: August 19, 2025

South Korea Halts Crypto Lending, Emphasizing User Protection

The South Korean Financial Services Commission (FSC) has ordered cryptocurrency exchanges to halt lending services, signaling a move to prioritize user safety amid legal uncertainties in the crypto market. Major platforms like Upbit and Bithumb will comply with this immediate suspension as they await the development of regulatory guidelines to ensure proper oversight.

Related posts:

  1. South Korea Pursues Crypto Ecosystem Development with New Regulatory Focus
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  3. Circle Meets South Korean Banks to Drive Stablecoin Adoption in Asia
  4. Resilience of South Korean Crypto Investors: Key Insights into Market Outlook
Cryptocurrency Lending South Korea

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