South Korea’s watchdog flags tougher crypto rules after Bithumb’s $40 billion bitcoin giveaway
South Korea’s top financial regulator on Monday pointed to Bithumb’s accidental $40 billion bitcoin giveaway as a stark example of why the country needs stricter crypto regulations. “We are particularly worried about the issue of information systems,” said Financial Supervisory Service Governor Lee Chan-jin. https://www.reuters.com/sustainability/boards-policy-regulation/south-korea-watchdog-says-40-billion-giveaway-shows-new-rules-needed-tackle-2026-02-09/
