South Korea Suspends Crypto Lending to Protect Borrowers
The post South Korea Suspends Crypto Lending to Protect Borrowers appeared first on Coinpedia Fintech News
South Korea’s Financial Services Commission has ordered local crypto exchanges to halt all lending services until official guidelines are introduced. The move follows concerns that 13% of borrowers have been pushed into liquidation due to unclear regulations. Current contracts can be repaid or extended, but no new loans are allowed. Exchanges that fail to comply will face on-site inspections by the authorities.
WLD Crypto Price Nears $0.90 Support, Will it Fall to $0.773 or Rise to $1.13?
The post WLD Crypto Price Nears $0.90 Support, Will it Fall to $0.773 or Rise to $1.13? appeared fir...
Illinois Passes First-of-Its-Kind Crypto Bills, Criticizes Trump Deregulation
The post Illinois Passes First-of-Its-Kind Crypto Bills, Criticizes Trump Deregulation appeared firs...
Japanese 3D-Printing Firm Lib Work Adopts Bitcoin to Fight Inflation
The post Japanese 3D-Printing Firm Lib Work Adopts Bitcoin to Fight Inflation appeared first on Coin...