
regulation·2h ago
South Korea reviews crypto market-making rules after JPYC peg spike on Upbit
Regulators are reconsidering restrictions on crypto market making after the Japanese yen stablecoin JPYC traded at four times its peg on Upbit this month.
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Regulators are reconsidering restrictions on crypto market making after the Japanese yen stablecoin JPYC traded at four times its peg on Upbit this month.
Upbit's 24-hour trading volume skyrocketed 1,437% as the KOSPI index fell amid a regional equity selloff.