⚖️ South Korea allows crypto exchanges to block transactions faster when a hack is suspected
South Korea’s financial regulator (FSC) is allowing crypto exchanges to suspend deposits and withdrawals as soon as there is reasonable suspicion of a hacking attack, without waiting for final confirmation of the incident. The change to the rules was announced on November 12, 2026.
The measure is intended to reduce response times in the event of possible theft of funds. However, users may experience temporary delays to transactions even before the review is complete. Suspicion of a hack does not mean that an attack actually occurred.
Source: BeInCrypto, November 12, 2026.
#CryptoSecurity #SouthKorea
South Korea’s financial regulator (FSC) is allowing crypto exchanges to suspend deposits and withdrawals as soon as there is reasonable suspicion of a hacking attack, without waiting for final confirmation of the incident. The change to the rules was announced on November 12, 2026.
The measure is intended to reduce response times in the event of possible theft of funds. However, users may experience temporary delays to transactions even before the review is complete. Suspicion of a hack does not mean that an attack actually occurred.
Source: BeInCrypto, November 12, 2026.
#CryptoSecurity #SouthKorea