Upbit, Bithumb Forced to Halt Crypto Lending by South Korean Regulator

South Korea’s Financial Services Commission (FSC) has suspended all new crypto lending activities on local exchanges, effective August 19, 2025. The directive requires major platforms such as Upbit, Bithumb, and Coinone to immediately cease issuing new loans. While existing loan contracts can continue under their current terms, the FSC stressed that the suspension is a […] The post Upbit, Bithumb Forced to Halt Crypto Lending by South Korean Regulator appeared first on Coin Edition.