⚡️LATEST: SOUTH KOREA CONSIDERS “NO-FAULT LIABILITY” RULE FOR CRYPTO EXCHANGES
Korea may require exchanges to compensate users for losses from hacks or system failures even without operator fault. Penalties could rise to up to 3% of revenue under proposed legislation.
via @YonhapNews
#CoinRank #Web3 #CryptoNews
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⚡️LATEST: SOUTH KOREA CONSIDERS “NO-FAULT LIABILITY” RULE FOR CRYPTO EXCHANGES
Korea may require exchanges to compensate users for losses from hacks or system failures even without operator fault. Penalties could rise to up to 3% of revenue under proposed legislation.
via @YonhapNews
#CoinRank #Web3 #CryptoNews