🇰🇷 South Korea 2h ago · yonhap@koreatimes.co.kr(KoreaTimes)

BOK calls for introduction of circuit breakers for crypto exchanges

Korea Times
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BOK calls for introduction of circuit breakers for crypto exchanges
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The central bank on Monday called for the introduction of mechanisms similar to the bourse operator's circuit breakers for cryptocurrency exchanges, citing the absence of such systems as a key factor behind a recent erroneous payment incident. In February, Bithumb attempted to distribute bitcoin worth about 620,000 won ($460) as prizes for a customer event, but accidently ended up distributing 620,000 bitcoins worth about 60 trillion won due to an employee input error. Immediately after the inci

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