All crypto exchanges in South Korea are jointly participating in the development of a new self-regulatory code for listing and placing cryptocurrencies
2024-06-21 05:58:22
21 news Korea virtual asset trading working together participating formulatingdesk3cryptocurrencydesktopCrypto News
On June 21, it was reported that all virtual asset exchanges in South Korea are jointly participating in the formulation of the "Self-discipline Management of Virtual Asset Trading Support" plan, marking a major change in the self-discipline model of currency market exchanges. The self-discipline formerly dominated by the five major Korean won market exchanges is now being extended to all exchanges to jointly establish self-discipline norms. The plan is promoted by the Korea Digital Asset Exchange Alliance (DAXA) and aims to develop self-discipline guidelines for virtual asset trading support through joint negotiation. DAXA has released the "General Guidelines for the Review of Virtual Asset Trading Support" as the basis for the new plan, and is collecting opinions from various exchanges to improve it.
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