South Korea asks its biggest banks how a major crypto hack would hit them

Key points

• South Korea's central bank, the Bank of Korea, has launched its first survey asking the country's largest banks to assess potential impacts from a major cryptocurrency hack.
• The inquiry also examines how banks would handle a severe crypto price crash, financial losses at another firm, alongside details regarding their internal crypto teams, budgets, and strategic investments.

Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.