Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

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South Korean financial regulators are preparing new guidelines to address cryptocurrency lending services, particularly those offering high leverage to retail investors. The initiative, announced on Thursday, comes amid growing concerns about investor protection and potential risks tied to volatile market conditions. According to reports from Yonhap News Agency (YNA), the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have established a joint task force to develop a ...