South Korean regulators are getting nervous. After Binance was hacked, they went straight to pressuring exchanges to build up massive cold-wallet reserves.
This is a firewall against extreme market conditions. Retail investors may be safer, but the cost of keeping exchanges afloat is going through the roof.
With compliance pressure mounting, the South Korean market may be in for a major shake-up.
$KRW $BTC #CryptoRegulation
This is a firewall against extreme market conditions. Retail investors may be safer, but the cost of keeping exchanges afloat is going through the roof.
With compliance pressure mounting, the South Korean market may be in for a major shake-up.
$KRW $BTC #CryptoRegulation
