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South Korea to Allow Crypto Withdrawal Freezes Over Suspected Hacks

CointelegraphView source article

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South Korea to allow crypto exchanges to freeze withdrawals on suspected hacks

South Korea's Financial Services Commission plans a no-action letter enabling crypto platforms to halt deposits and withdrawals before a breach is confirmed, following recent security incidents including a GOPAX suspension and a hot-wallet breach.

Nov 12, 2026·2 sourcesCrypto exchange regulationCrypto custodyCrypto hacksCrypto regulationCrypto securityHot wallet compromiseCrypto exchanges
South Korea to allow crypto exchanges to freeze withdrawals on suspected hacks
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Crypto Briefing

South Korea lets crypto exchanges freeze withdrawals on suspicion of hacking