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Business & M&ACasinoBeats · 4h ago

Binance’s Leveraged KOSPI Derivatives Are a Form of Gambling, Say Korean Critics

By Tim AlperJuly 1, 2026

The brief

South Korean critics have equated the crypto exchange Binance’s move to offer leveraged derivatives with up to 50x leverage on blue-chip KOSPI stocks such as Samsung Electronics, Hyundai Motor, and SK Hynix with gambling. Binance has also begun offering USDT-powered products that pay traders 150% profits if the KOSPI …

Original report

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