🚨 BREAKING: South Korea’s FSC orders local crypto exchanges to suspend lending services starting Aug 19, 2025.

⚖️ The pause will last until official guidelines for crypto lending are released.

📉 FSC cites legal uncertainty & user risk — one platform saw 27,600 investors borrow ₩1.5T ($1B) in its first month.

💥 13% of borrowers were liquidated due to price volatility.

#CryptoNews #Regulation #SouthKorea #DeFi