South Korea lets exchanges freeze funds early on suspected hacks
South Korea's FSC will issue a no-action letter allowing exchanges to halt deposits and withdrawals at the first sign of a hack.
What we know
CoinDesk reports the FSC will protect exchanges from sanctions for acting before a breach is confirmed.
Sources
@CoinDesk
“South Korea's FSC will allow crypto exchanges to freeze deposits and withdrawals at the first sign of a hack”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.