South Korea's taking a bold swing at crypto security. After the Upbit breach, regulators are pushing for bank-grade protection standards and a no-fault liability framework for exchanges.

What does that mean? If your funds vanish due to a hack, the platform eats the loss—not you. Think of it like deposit insurance, but for digital assets. It's a massive shift in accountability.

This could set a precedent. If Seoul pulls it off, expect other jurisdictions to watch closely. Exchanges might grumble about costs, but users? They'd finally have skin-in-the-game protection.