Korean exchanges agree on emergency system in case of Terra-style collapse

2022.06.16 08:00

Korean exchanges agree on emergency system in case of Terra-style collapse

Korea’s leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.

Under the new system, exchanges will convene to respond to sudden adverse market effects, such as what happened with Terra in May.

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