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South Korean Regulator Will Shield Exchanges That Freeze Funds at the First Sign of a Hack
Judul dari Unchained
Poin penting
- South Korea's Financial Services Commission plans to issue a no-action letter to protect cryptocurrency exchanges that freeze user deposits and withdrawals when a potential hack is detected.
- Local industry participants noted that existing laws leave the legality of such preemptive fund freezes unclear, making the regulator's forthcoming legal shield a welcome clarification for platforms prioritizing security.
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- UnchainedSouth Korean Regulator Will Shield Exchanges That Freeze Funds at the First Sign of a Hack · 2 jam yang laluBaca di Unchained
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