South Korea orders crypto exchanges to verify holdings every 5 minutes

By Cointelegraph by Amin Haqshanas

South Korea orders crypto exchanges to verify holdings every 5 minutes

South Korean authorities have ordered major cryptocurrency exchanges to verify user holdings every five minutes after an inspection uncovered slow reconciliation cycles and weak trade-halting systems. This directive aims to strengthen security and operational reliability across the platforms. The measure targets leading exchanges in the country.

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