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SOUTH KOREA CONSIDERS “NO-FAULT LIABILITY” RULE FOR CRYPTO EXCHANGES

2025-12-07 15:30:00 1 days ago CoinRank

CONTENT

According to Yonhap News Agency, South Korea is considering a rule that would require crypto exchanges to compensate users for losses caused by hacks or system failures even when the operator is not at fault. Penalties may also rise to as high as 3% of revenue, far above the current KRW 5 billion cap.

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