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South Korean Crypto Exchanges Prepare for Order Book Sharing Shutdown

Amy Liu

Summary: A number of South Korean crypto exchanges are ceasing policies that see them share order books with overseas exchanges in preparation for the promulgation of a new crypto law that comes into force early next year. As reported, a series of amendments to a financial law will take effect in March, and is set to ...

A number of South Korean crypto exchanges are ceasing policies that see them share order books with overseas exchanges in preparation for the promulgation of a new crypto law that comes into force early next year. As reported, a series of amendments to a financial law will take effect in March, and is set to transform the way exchanges (previously unregulated) go about their business. Huobi Korea has also stated that it will stop its order book sharing with its parent company, Huobi Global, in accordance with the new law.

By Amy Liu

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