South Korea is seriously rethinking its strict stance on crypto market makers after a bizarre incident where JPYC suddenly spiked to 4x its peg on Upbit. Current manipulation rules effectively choke liquidity providers, leading to dangerous volatility vacuums. Allowing regulated market makers could finally bring necessary stability and order books depth to Korean exchanges, preventing these wild flash crashes and extreme pricing anomalies. $BTC #SouthKorea #CryptoRegulation #Upbit