Bitcoin prices are displayed on an electronic board at the Bithumb Lounge in Seoul, March 18. Yonhap

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 incident, some users sold off the wrongly credited bitcoins in large volumes, causing bitcoin prices on Bithumb to plunge temporarily. Other users…