The Financial Services Commission (FSC) of South Korea announced that local crypto exchanges are required to suspend cryptocurrency lending services from today until formal regulatory guidelines are issued. The FSC stated that the related services are in a legal gray area, which has resulted in 13% of lending users being forced into liquidation. Previously, some exchanges had launched lending products for USDT, BTC, XRP, and other coins.

BTC2.37%
XRP6.76%
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FastLeavervip
· 08-20 07:34
Are the suckers going to be played for suckers again?
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Yeni78vip
· 08-19 06:39
Watching Closely 🔍
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ConfusedWhalevip
· 08-19 05:00
Regulation even controls lending, tsk tsk.
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BlockchainGrillervip
· 08-19 04:59
Is this how Koreans play?
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AirDropMissedvip
· 08-19 04:54
South Korea is pouring milk again, trying to suffocate the market.
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TokenCreatorOPvip
· 08-19 04:48
A liquidation is just a liquidation. Who told you to be greedy?
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OnchainDetectiveBingvip
· 08-19 04:42
Kill, kill, liquidate, kill them
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