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BSCN·2025-08-19 06:00
SOUTH KOREA ORDERS EXCHANGES TO HALT CRYPTO LENDING- South Korea’s Financial Services Commission (FSC) ordered domestic exchanges to suspend all crypto lending programs starting Tuesday.- The regulator said the products operate in a legal gray zone and pose risks of user losses. Exchanges must comply or face on-site inspections.- The crackdown follows the rapid rise of lending services launched in July. Upbit allowed users to borrow up to 80% of their deposits against BTC, XRP, or USDT. Rival Bithumb offere ...