South Korea to Enhance Crypto Exchange Liability Following Upbit Hack

South Korea to Enhance Crypto Exchange Liability Following Upbit Hack

First seen 7 Dec 2025, 20:47 UTC •TradingviewCryptopolitan •32.7

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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.

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