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    South Korea to focus on leveraged crypto lending companies with new guidelines
    Crypto News

    South Korea to focus on leveraged crypto lending companies with new guidelines

    By Crypto EditorJuly 31, 2025No Comments3 Mins Read
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    South Korea to focus on leveraged crypto lending companies with new guidelines

    South Korea’s monetary regulators plan to launch pointers on cryptocurrency lending companies subsequent month in an effort to tighten oversight and defend buyers amid rising considerations over leveraged crypto merchandise.

    The Monetary Companies Fee (FSC) and Monetary Supervisory Service (FSS) on Thursday introduced the formation of a joint process drive to develop a regulatory framework for crypto lending, in response to native media Yonhap Information Company (YNA). The transfer follows new lending companies launched by South Korean exchanges Upbit and Bithumb.

    In line with YNA, Bithumb has allowed customers to borrow as a lot as 4 occasions their collateral, whereas Upbit has provided loans price as much as 80% of customers’ asset worth.

    The duty drive seems to be a response to the shortage of clear safeguards for buyers, elevating an alarm over potential losses on account of fast market fluctuations.