South Korea Just Changed When Exchanges Can Freeze Your Crypto
South Korea’s Financial Services Commission (FSC) will let crypto exchanges freeze deposits and withdrawals when a hack is only suspected, not confirmed. Korean traders gain faster theft protection but lose certainty over when coins can leave an exchange. The FSC also wants all 28 registered crypto businesses inside…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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