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South Korea Eyes Stricter Crypto Oversight After Bithumb’s $40 Billion Error

  • PYMNTS--pymnts.com
  • published date: 2026-02-09 17:19:14 UTC

South Korea plans to step up its regulation of digital assets after cryptocurrency exchange Bithumb accidentally gave away over $40 billion in bitcoin, Reuters reported Monday (Feb. 9). Lee Chanjin, governor of the country’s Financial Supervisory Service (FSS…

South Korea plans to step up its regulation of digital assets after cryptocurrency exchange Bithumb accidentally gave away over $40 billion in bitcoin, Reuters reported Monday (Feb. 9).Lee Chanjin, g… [+2268 chars]