
South Korea's FSC Warns on Perpetual Futures Risks
- —FSC: perpetual futures are not covered by domestic investor protection laws
- —Regulator flags high risks from excessive leverage
- —Investors advised to exercise caution when trading derivatives
Why it matters: The warning could pressure derivatives trading in South Korea and prompt tighter rules for global platforms.
Source: Coinfomania
More on this
Regulation · 12:56South Korea's financial regulators to crack down on offshore perpetual futures
Regulation · 02:00South Korea's FSC names crypto firms Streami and Pravang in breach wave hitting 16 companies
Regulation · yesterdaySouth Korea's FSC: 130 of 555 financial firms report weak cybersecurity