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The story of cryptocurrency circuit breakers at the Bank of Korea is not so much about a surprise headline as it is about a central bank using the latest payments report to push South Korea toward exchange guarantees after Bethamp’s incorrect Bitcoin distribution exposed operational risks and market safety concerns.
The Bank of Korea issued its notice dated April 13, 2026 regarding the attached 2025 Payment and Settlement Report.
The official notice says the report includes a reference box on the recent “incorrect Bitcoin payment incident at Bethamp Exchange,” and another on “stablecoin price rises and falls.”
A single main headline in the Y Today newspaper described this move as a requirement, but Korea JoongAng Daily and Cointelegraph described the policy as a call for lawmakers to consider protective measures similar to circuit breakers.#GateFounderDrHan13thAnniversaryLetter $BTC $GT #AaveDAOApproves$25MGrant