Bithumb slashes crypto loan limits by 80% as South Korea tightens lending regulations
– Bithumb slashes crypto loan limits by 80% and halves leverage to 2x, aligning with South Korea’s regulatory push for risk control.
– Moves aim to curb high-risk trading, reduce liquidation risks, but may impact platform’s lending revenue from leveraged positions.
– South Korea’s 25% crypto ownership rate among 20-50-year-olds highlights need for stricter oversight in rapidly growing market.
– Regulatory focus on leverage limits and asset eligibility signals global trend toward standardized crypto lending frameworks.
