Bank of Korea probes financial firms’ exposure to crypto risks

Crypto Insight Summary: The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Mid-term (1-8 weeks) Reasoning: A risk survey signals heightened oversight but imposes no immediate restrictions or market impact.