South Korea Considers Crypto Account Freezes
Key Notes
- South Korea may allow crypto account freezes to stop suspected market manipulation early.
- Regulators want to block suspicious transactions before profits can be moved or hidden.
- Measures mirror stock market rules and aim to protect investors from unfair trading.
Cryptocurrency account freezes are under consideration in South Korea as authorities look for ways to stop traders from moving profits gained through market manipulation.
The government wants to act faster to prevent illegal gains from disappearing before regulators can intervene.
Financial Authorities Consider Earlier Action
According to local media Newsis, South Korea’s Financial Services Commission is studying whether it should have the…
