South Korea Cracks Down on Crypto Lending: New Leverage Rules for Bithumb and Upbit South Korea is slamming the brakes on the high-stakes game of crypto lending, with regulators gearing up to impose strict guidelines on leverage-heavy products that have retail investors walking a financial tightrope. The Financial Services Commission (FSC) and Financial Supervisory Service […]
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South Korea Clamps Down on Upbit and Bithumb Over Risky Crypto Lending Practices South Korean financial regulators have put Upbit and Bithumb, the country’s dominant cryptocurrency exchanges, under intense scrutiny over their high-leverage crypto lending and margin trading products launched in July 2025. With leverage ratios as high as 4:1, concerns about investor safety, potential […]
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South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Risk? South Korean cryptocurrency exchanges have dropped a bombshell, shelling out $87 million (120.26 billion won) in interest on fiat deposits to customers over the past year. This eye-popping figure stems from a bold regulatory move, but it also raises prickly questions about […]
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XRP Open Interest Hits Staggering Heights: Can It Push Price Beyond $3? XRP is back in the headlines with a jaw-dropping surge in open interest, climbing over 50% in July 2025 to nearly match its all-time high from January. As traders pile into this altcoin with renewed fervor, the big question looms: could this momentum […]
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South Korean Exchanges Upbit, Bithumb Suspend SNX Deposits After Warning from DAXA South Korean crypto giants Upbit and Bithumb have halted deposits for Synthetix (SNX) following a warning from the Digital Asset Exchange Alliance (DAXA). This action was triggered by concerns over the depegging of sUSD, Synthetix’s stablecoin, which saw its value drop significantly below […]
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Upbit Challenges Wu Blockchain on Listing Fee Allegations: Demands Proof South Korea’s leading cryptocurrency exchange, Upbit, faces serious allegations from Wu Blockchain, claiming that the exchange charges hefty intermediary fees for token listings. Upbit has vehemently denied these accusations and is challenging Wu Blockchain to provide concrete evidence. This controversy emerges amidst heightened regulatory scrutiny, […]
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Upbit and Bithumb Set Record with Biggest Ever Crypto Compensation in South Korea In a historic move following a tumultuous period, South Korea’s leading crypto exchanges, Upbit and Bithumb, have agreed to pay out the largest compensation in the nation’s crypto history due to system failures caused by a martial law declaration and a Bitcoin […]
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Upbit Faces Potential Sanctions in South Korea Amid Regulatory Crackdown Imagine waking up to find your new crypto investments locked away for six months. This could soon be a reality for new Upbit users as South Korea ramps up its regulatory crackdown. Upbit, the largest cryptocurrency exchange in South Korea, is under scrutiny for potential […]
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