Citrini Research Analyst: South Korea's Regulatory Clarity Tonight 'Disappointing'

BlockBeats News, July 29th, Citrini Research's Korean analyst Jukan commented on the stabilizing policy announced by the South Korean regulators tonight, stating, "These measures are deeply disappointing. They are merely symbolic, a showy gesture with little to no practical value."

Jukan raised questions to the regulators, asking, "Why were these products allowed to exist in the first place? Even if the government stops new inflows of funds, existing positions will still face liquidation pressure, won't they? Do they really think education can solve this problem?"