Seoul Watchdogs Sound Alarm | Crypto

Seoul’s FSC and FSS have met executives from South Korea’s top exchanges after Upbit and Bithumb launched crypto margin lending with 4:1 leverage. Officials have flagged potential Lending Act violations and urged voluntary guidelines as Upbit halts Tether loans and Bithumb revises its service. The post Seoul Watchdogs Sound Alarm on Upbit, Bithumb Crypto Lending Products appeared first on Cryptonews.