Bithumb giveaway raises calls for tougher crypto regulation in South Korea
FSS governor Lee Chan-jin said the incident exposed structural flaws in virtual-asset electronic systems SEOUL: South Korea’s financial market watchdog said on Monday local exchange Bithumb’s unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address the vulnerabilities of cryptocurrencies. The cryptocurrency exchange said on Saturday … Read more