South Korea Pushes for Tougher Crypto Rules After Bithumb’s $40 Billion Bitcoin Error
South Korea’s financial regulator has called for tougher cryptocurrency regulations following an unprecedented operational failure at a major domestic exchange that briefly sent shockwaves through local crypto markets. The incident, involving the accidental distribution of more than $40 billion worth of bitcoin by Bithumb, has renewed concerns about systemic risks, internal controls, and the readiness […]