South Korea Caps Crypto Lending at 20% Interest, Bans Over-Collateralized Loans
The South Korea Financial Services Commission (FSC) has applied complete pointers capping crypto lending curiosity at 20% yearly whereas fully banning leverage companies that exceed collateral worth. According to a local report, the brand new self-regulatory framework takes impact instantly following considerations over investor harm from overheated exchange competition. The Financial Services Commission introduced the…