Top crypto exchanges in South Korea team up to prevent another Terra type collapse

The collapse of the $60 billion Terra ecosystem sent shockwaves across the entire crypto industry, which has been declining since the year started. A few of South Koreas top crypto exchanges are now joining hands to make sure that such type of token collapse wont repeat in the future. Upbit, Bithumb, Coinone, Korbit, and Gopax, South Koreas top five crypto exchanges, plan to create a consultative body whose goal is to prevent the recurrence of a token collapse similar to the crash of the $60 billion Terra ecosystem, local media Yonhap News reported. The organization plans to achieve its…

source: https://tokenpost.com/Top-crypto-exchanges-in-South-Korea-team-up-to-prevent-another-Terra-type-collapse-9645

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