South Korea is planning stricter cybersecurity rules for financial institutions after a review found security deficiencies at 130 financial firms. Cointelegraph reported the plan on Oct 15, 2026, in an article by Ezra Reguerra.
The proposal followed an investigation into earlier security incidents at 16 companies, and crypto exchanges were among them. The report describes attacks on both banks and crypto firms. The proposal would make security assessments tougher.
Several things are not yet known. The report does not name the 16 companies or the exchanges involved. It also gives no timeline for the new requirements and does not say what the stricter assessments would include.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly right now. The report does not say any of these four exchanges was involved, and it describes no change to funding rates, trading fees or liquidity. It is a South Korean proposal for financial institutions, and its scope is still undefined.
Source: cointelegraph — South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms