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Bank of Korea Considers Crypto Trading ‘Circuit Breakers’ Following Bithumb Incident
South Korea’s central bank is pushing to introduce stock-market-style circuit breakers on domestic cryptocurrency exchanges, a proposal that would bring crypto trading under the same trade-halting mechanisms used by the Korea Exchange. The recommendation appeared in the Bank of Korea’s 2025 Payment and Settlement Report, published on April 13. The report calls for automatic trading halts during abnormal price swings or large-volume orders, citing the absence of such safeguards as a key factor behind the market disruption that followed Bithumb’s operational error earlier this year. The Bithumb Blunder: In early ... (full story)
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