Overseas Crypto Exchanges Offer Up to 150x Leverage on KOSPI Futures Amid Regulatory Gap

According to Yonhapnews, as of July 5, overseas cryptocurrency exchanges including Binance and Bybit are offering perpetual futures with up to 150x leverage on KORU, a Nasdaq-listed 3x leveraged exchange-traded fund tracking South Korea's KOSPI index. Unlike domestic leveraged products subject to investor protection measures such as collateral requirements and forced liquidation safeguards, these overseas offerings operate outside South Korea's regulatory framework, leaving investors vulnerable to rapid forced liquidations and limited recourse through domestic legal channels.
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