The Bank of Korea suggests introducing a cryptocurrency asset circuit breaker mechanism to address the Bithumb mispayment incident
The Bank of Korea stated that after the mispayment incident at Bithumb, careful consideration should be given to introducing a "circuit breaker" mechanism in the cryptocurrency market similar to that in traditional financial markets, to address extreme market volatility and systemic risks.
The Bank of Korea pointed out that as the scale of the cryptocurrency market expands and related risks increase, existing regulatory measures are insufficient to fully cover potential issues. Therefore, it is necessary to study the introduction of protective mechanisms that can automatically interrupt trading to enhance market stability and investor protection. Previously, Bithumb experienced abnormal payments of some users' assets due to a system failure, which attracted market attention.
You may also like
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine
How to choose between buying discounted ETH, Bitmine, and SharpLink?
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
