South Korea's FSC plans to allow crypto trading platforms to freeze deposit and withdrawal functions when suspected of hacker threats.

November 12 - The South Korean Financial Services Commission (FSC) plans to allow crypto trading platforms to preemptively suspend deposit and withdrawal functions when they suspect a hack, rather than only taking action after an incident is confirmed. The FSC will also promote 24/7 monitoring, increase the proportion of holdings in cold wallets, and strengthen insurance and reserves.