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South Korea to Allow Crypto Exchanges to Freeze Withdrawals When Hacking Is Suspected
South Korea’s Financial Services Commission (FSC) has announced emergency cybersecurity measures for cryptocurrency exchanges, including permission to suspend customer deposits and withdrawals when a hacking incident is suspected, rather than waiting until a breach has been conclusively established. The measures form part of a wider effort to strengthen the protection of digital assets following a series of cyberattacks and security incidents affecting financial institutions
1 hour ago5 min read
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