Cryptocurrency News

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
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.

Source

Related Articles

Leave a Reply

Back to top button