Bank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder

Bank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder

0.69%TRX$0.322 0.12%BCH$425.75 0.07%DOGE$0.09096 0.24%XLM$0.1513 0.09%ETH$2,187 1.06%BNB$597.15 0.61%SOL$81.85 0.42%HYPE$41.57 1.55%XMR$344.99 0.87%XRP$1.32 0.40%ADA$0.2382 0.65%BTC$70,770 1.08%USD Written by Jesse Coghlan,Staff EditorReviewed by Felix Ng,Staff EditorBank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder3 hours agoBithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn't happen again. South Korea’s central bank says crypto exchanges should have their own “circuit breakers” that halt trading to prevent a repeat of the market fallout after Bithumb mistakenly sent more than $40 billion in Bitcoin to its customers in February. The Bank of Korea said in a payments report on Monday that lawmakers should consider introducing mechanisms similar to the Korea Exchange’s tr

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