South Korea’s manipulation rules have left crypto market making effectively shut down. Regulators are reconsidering after a yen-pegged stablecoin spiked to four times its peg on Upbit this month.
When a pegged asset can gap that far on a major local exchange, the ban starts looking costly. Officials are now weighing whether to let market makers operate.
$QNT $ONE $GRT
When a pegged asset can gap that far on a major local exchange, the ban starts looking costly. Officials are now weighing whether to let market makers operate.
$QNT $ONE $GRT