CryptoBearishThe Block · 4h ago7/10
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Bank of Korea calls for ‘circuit breaker’ in local crypto market, citing Bithumb incident
South Korea's central bank is advocating for a 'circuit breaker' mechanism in the domestic cryptocurrency market following Bithumb's accidental transfer of 620,000 BTC, highlighting systemic risks in exchange operations. The BOK's call for stricter internal controls addresses operational vulnerabilities that could threaten market stability and investor protection.
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