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  3. South Korea Crypto Exchanges May Freeze Withdrawals on Hack Fears
1 hour ago

South Korea Crypto Exchanges May Freeze Withdrawals on Hack Fears

NewsaltcoinsblockchainCryptocrypto exchangescrypto marketCrypto newscrypto regulationcryptocurrencyCybersecurityDeFiDigital AssetsInstitutional CryptoReal World AssetsRegulationsouth korea

TLDR: Crypto exchanges in South Korea could suspend deposits and withdrawals when hacking is suspected under a planned FSC measure. The FSC plans a no-action letter for preventive suspensions but has not detailed the conditions, time limit or issue date. GOPAX halted trading and standard withdrawals on Nov. 6 after a hacking threat, though it [...]

The post South Korea Crypto Exchanges May Freeze Withdrawals on Hack Fears appeared first on Blockonomi.

Source: Blockonomi →

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