logo

South Korean Regulators Require Domestic CEXs to Halt Lending Services Starting Today

By: theblockbeats.news|2025/08/19 08:42:07

BlockBeats News, August 19th: According to The Block, the Financial Services Commission (FSC) of South Korea has ordered local cryptocurrency exchanges to suspend their lending services starting from August 19, 2025. The Financial Supervisory Service stated that the suspension will remain in effect until official guidelines on cryptocurrency lending are established.


The regulatory agency noted that lending services carry legal uncertainties and user loss risks. It was highlighted that approximately 27,600 investors borrowed 15 trillion Korean won (10 billion USD) in the first month after a digital asset company launched its lending service. The Financial Supervisory Service stated that 13% of these borrowers were forced to liquidate their positions due to price fluctuations.

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

07:51

Japan's Interest Rate Hike Signal Triggers "Bloodletting" Worries in U.S. Markets, Fed's Rate Cut Prospect May Change

07:48

Lily Liu Criticizes The New York Times for Biased Reporting on Innovation and AI

07:31

BlackRock: Tokenization is evolving at a pace comparable to the early Internet, poised for significant growth

07:29

Whale "pension-usdt.eth" yesterday saw its ETH long position fall below the average price, with a position size reaching $56 million.

07:26

Dark Pool DEX HumidiFi to Launch ICO, Leading in Trading Volume Among Solana Ecosystem DEXs

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]