South Korea to Apply Bank-Level Liability to Crypto Exchanges After Upbit Hack

South Korea plans to enforce bank-level liability on crypto exchanges after a major Upbit hack exposed weaknesses in consumer protection. New rules could require exchanges to compensate users for losses and face stricter fines and operational standards. The post South Korea to Apply Bank-Level Liability to Crypto Exchanges After Upbit Hack first appeared on The Shib Daily. source: https://news.shib.io/2025/12/08/south-korea-to-apply-bank-level-liability-to-crypto-exchanges-after-upbit-hack/