RegTech & Compliance
Bank of Korea Wants Crypto Circuit Breakers After Bithumb Blunder
Remember when everyone thought crypto was going to be the Wild West, a place for free thinkers and unregulated chaos? Yeah, well, the folks in charge are starting to realize maybe a little bit of regulation wouldn't hurt, especially after a botched transfer nearly sent 620,000 Bitcoin into the ether. The Bank of Korea's suddenly got a hankering for 'circuit breakers' and internal controls, and frankly, who can blame them?