Wire by Fusion42
Fusion42 Scout Raise
The Debrief & Outliers
Regulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers
Benchmarks
Benchmarks HomeBy News TypeBy RegionBy Sector
AI WeeklyAbout

Switch product

Fusion42RaiseScoutWire

The Debrief & Outliers

All editionsRegulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers

Database & benchmarks

Benchmarks HomeBy News TypeBy RegionBy SectorStories

Account

Sign in
← Back

Wire · regulatory

South Korea Weighs Ending Its Crypto Market-Making Ban After a Stablecoin Spiked 4x on Upbit

28 September 2026 · By · Wire by Fusion42

Published

28 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

South Korea

◆ Source

Read at startupfortune.com →

◆ Verified

Fusion42 · 28 September 2026 · Fusion42 review

South Korea's Financial Services Commission is reviewing the ban on crypto market-making, prompted by a recent incident where a yen-pegged stablecoin on Upbit traded at four times its peg due to low liquidity and no market makers to stabilise the price.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

South Korean fintech founders focused on crypto should prepare for market-making rules easing, opening access to global firms and improved liquidity that will change retail trading dynamics.

◆ Coverage

1 source · 28 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-regulationmarket-makingstablecoinsdigital-assetsfinancial-regulation