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Bitcoinist 2019-06-17 10:00:37

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new correctiveRead MoreThe post New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses appeared first on

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