South Korea pledges action as the won weakens to 1,530 per USD, its lowest since 2009. Stablecoin balances on Korean crypto exchanges have dropped 55%.

Korea's finance minister on Thursday vowed to take "immediate measures" when necessary to address excessive volatility in the foreign exchange market amid the recent sharp decline…

South Korea pledges action as the won weakens to 1,530 per USD, its lowest since 2009. Stablecoin balances on Korean crypto exchanges have dropped 55%.