Korean government seeks to increase exchanges' liability after Upbit hack

Cryptopolitan • December 7, 2025

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The Korean government has announced plans to increase the liabilities of exchanges in the event of hacking incidents.

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South Korea to Enhance Crypto Exchange Liability Following Upbit Hack The South Korean government plans to increase the liability of cryptocurrency exchanges following a hacking incident involving Upbit. The proposed legislative changes will introduce stricter IT security requirements, higher operational standards, and tougher penalties for non-compliance. 2 sources 33

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