Upbit implements 99% cold-storage security overhaul following Solana breach

In response to a recent security breach involving Solana, Upbit increased its cold storage to 99% of its assets, moving nearly all customer funds offline. This major shift reflects changes in regulatory standards aimed at enhancing accountability.

South Korean lawmakers are accelerating the establishment of stablecoin regulations, with discussions anticipated in early 2026 to ensure comprehensive frameworks are created for digital asset safety.

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