South Korea Central Bank Pushes Crypto Circuit Breakers After Bithumb Bitcoin Payout Error Triggers Market Disruption
South Korea’s central bank is calling for circuit breakers on crypto exchanges after a major error at Bithumb led to accidental Bitcoin payouts and a brief price crash on the platform. The incident exposed weak internal controls, prompting regulators to push for stronger safeguards and trading halts to prevent similar disruptions in future.
Anais