South Korea's FSC warns on perpetual futures with leverage up to 200x
- —FSC flagged leverage of up to 200x on perpetual futures at offshore platforms
- —South Korean investor protection rules do not cover these products
- —Regulator said perpetuals differ substantially from traditional derivatives
Why it matters: The warning could pressure retail traders and sharpen scrutiny of high-leverage crypto products in South Korea.
Source: Coinfomania
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