Every 5 Minutes: Korea’s New Rule for Crypto Exchanges
Regulation
South Korea’s financial regulator has ordered all crypto exchanges to verify user asset balances every five minutes, following a massive overpayment incident that shook market confidence earlier this year. One botched reward payout exposed systemic cracks across the entire industry. What Triggered the Rules In February, Bithumb accidentally sent 2,000 BTC per person instead of 2,000 Korean won ($1. 40) during a promotional event
BTC
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