Regulation
South Korea Tightens Cryptocurrency Regulations with 24/7 Real-Time Surveillance
South Korean cryptocurrency exchanges have introduced new guidelines to prevent mass delistings in anticipation of upcoming legislation.
South Korean cryptocurrency exchanges have introduced new guidelines to prevent mass delistings in anticipation of upcoming legislation.
The Financial Supervisory Service (FSS) has announced the implementation of a system to monitor unusual crypto trading activities, requiring exchanges to provide data and information to comply with new regulations.
The move is part of broader efforts to strengthen investor protection and eliminate questionable business practices.
Additionally, the South Korean government unveiled a 24-hour real-time monitoring tool to detect crypto fraud, further strengthening the regulatory framework around digital assets.
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