South Korea Suspends Crypto Lending Amid Volatility Concerns

In response to growing market volatility and investor losses, South Korea’s Financial Services Commission (FSC) has ordered the suspension of crypto lending services by domestic exchanges. Starting August 19, 2025, major platforms like Upbit and Bithumb are required to halt these operations. This move aims to protect investors while stabilizing the market for volatile cryptocurrency assets such as Bitcoin, Ether, Ripple, and Tether.