AB Kuai.Dong|12月 07, 2025 13:17
Although Upbit has gradually resumed withdrawals recently and the hacking incident is now behind us, according to today's report from Yonhap News, there have been 20 system failures across Korea's five major crypto exchanges over the past two years!
Korean authorities plan to amend secondary legislation and start tightening regulations.
Under the new rules, if a crypto exchange causes users to lose money due to theft or system issues, even if the exchange is not at fault, they must compensate without exception.
This means that all Korean exchanges will have to provide unconditional guarantees moving forward.
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