Tag: 8810
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South Korea bans crypto lending services effective September 17, halting $3.2 billion in transactions
South Korea’s FSC banned crypto lending services on September 17, affecting platforms like Upbit and Bithumb, halting $3.2 billion in annual transactions.
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South Korea suspends crypto lending services over 200% leverage risks on major exchanges
South Korea halted crypto lending services amid 200% leverage concerns affecting Upbit and Bithumb with $2.5 billion in daily trading volumes.
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South Korea suspends crypto lending services as FSC drafts 2023 regulations
South Korea suspends new crypto lending services; FSC plans regulations. Bitcoin drops 5%, Ethereum follows. 20 exchanges affected by the halt.
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SEC enforces 2024 crypto regulations on Coinbase and Binance without Congress
The SEC is enforcing new crypto regulations without congressional approval, targeting Coinbase and Binance, affecting 50M US investors by 2024.
