South Korea orders real-time checks at crypto exchanges after Bithumb’s $40b error
Crypto News: Bitcoin, Ethereum & XRP News | crypto.news [Unoffi…
April 7, 2026
FSC orders five‑minute balance checks, auto kill switches, and monthly audits at Korean crypto exchanges after Bithumb’s $40b payout error. South Korea’s Financial Services Commission (FSC) has ordered all domestic centralized exchanges to implement automated five‑minute reconciliation between internal ledgers…
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