South Korea orders real-time checks at crypto exchanges after Bithumb’s $40b error

3 weeks ago 16

FSC orders five‑minute balance checks, auto kill switches, and monthly audits at Korean crypto exchanges after Bithumb’s $40b payout error. South Korea’s Financial Services Commission (FSC) has ordered all domestic centralized exchanges to implement automated five‑minute reconciliation between internal ledgers…

Read Entire Article