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South Korea
2026-07-23 18:25:15

South Korea Tightens Crypto Rules After Bithumb's $40B BTC Giveaway Error

South Korea's Financial Supervisory Service (FSS) announced stricter crypto regulations after Bithumb accidentally distributed over $40 billion worth of Bitcoin as rewards. New rules include stronger investor protection, app-store blocks on unregistered offshore exchanges, and stablecoin legislation.

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South Korea Tightens Crypto Rules After Bithumb's $40B BTC Giveaway Error