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South Korea weighs crypto market makers after JPYC trades at 4 times peg

Cointelegraph·September 28, 2026·1 min read
South Korea weighs crypto market makers after JPYC trades at 4 times peg

South Korea is reconsidering its restriction on crypto market makers after JPYC traded at four times its peg on Upbit this month. Regulators are weighing legalization to address manipulation concerns and stabilize markets, potentially reshaping the country's crypto trading landscape.

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