Market Chatter: South Korea Urges Crypto Exchanges to Strengthen Market Monitoring

MT Newswires Live

09/30

South Korea's Financial Supervisory Service (FSS) urged virtual asset operators to strengthen market monitoring and IT systems to better protect consumers, Yonhap News Agency reported Tuesday.

FSS Governor Lee Chan-jin met with executives from Dunamu, Coinone, and eight other exchanges, emphasizing that fairness and transparency are essential and that operators should focus on trust-based services rather than short-term profits, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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