In a significant development for cryptocurrency users, Seoul has announced a groundbreaking update regarding Bitcoin refunds. In 2026, the city government is implementing a new policy aimed at protecting Bitcoin investors from fraud and market volatility. This initiative was prompted by rising concerns over the safety of digital assets, which have seen a surge in both popularity and risk.
Under the new framework, users who experience losses due to hacking or fraudulent transactions will be eligible for refunds from the city. The policy aims to build trust in cryptocurrencies while providing a safety net for investors. Additionally, the initiative will include educational programs to raise awareness about secure trading practices and the importance of safeguarding digital assets.
As Seoul positions itself at the forefront of the crypto revolution, this update is expected to attract more users and enhance the overall stability of the digital currency market in Korea.
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