Crypto's 24/7 global trading across hundreds of venues makes it difficult for any single country to halt the market. The Bank of Korea has proposed introducing stock-market-style circuit breakers on domestic cryptocurrency exchanges, folding the rules into the pending Digital Asset Basic Act. The recommendation follows a February incident at Bithumb in which a promotion error briefly created about 60 trillion won in phantom bitcoin and triggered a 17 percent price plunge on the exchange. R…
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