Crypto Assets financial ecosystem, how many opportunities are left for ordinary people...


#btc# ETh#pi
The South Korean Financial Services Commission (FSC)(19) announced that domestic crypto asset exchanges must fully suspend lending activities from today until new guidelines are officially issued.
The South Korean FSC has stated that it has issued administrative guidance letters to major exchanges, explicitly ordering the suspension of all Crypto Assets lending services until South Korea establishes appropriate guidelines for Crypto Assets lending, in order to prevent the market from continuing to operate in a regulatory gray area and to reduce the risk of investors incurring significant losses due to leveraged operations.
This move echoes South Korea's progress towards a general direction of "regulatory easing." Following the recent active promotion of crypto-friendly policies in the United States, South Korea is gradually shifting from its previous hardline stance to a cautiously open approach. Financial authorities have begun to lift the ban on institutional investments in crypto assets and are preparing to launch the country's first batch of crypto assets spot ETFs.
At the same time, under the leadership of South Korean President Lee Jae-myung, the country is actively constructing a "Korean Won stablecoin" market in order to establish a localized Crypto Assets financial ecosystem.
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