A consortium of 20 South Korean cryptocurrency exchanges has launched a six-month review of 1,333 digital assets to address concerns about potential mass delistings under new regulations. The Digital Asset Exchange Alliance (DAXA) announced this initiative on July 2, aiming to mitigate the risk of sudden, widespread token removals. This review process is mandated by South Korea’s new investor protection laws, set to take effect on July 19. Major platforms like Bithumb and Upbit must comply with these regulations, which will serve as the benchmark for future token listings.
Comment on South Korean crypto exchanges initiate token review
Radek Zielinski, ReadWriteWeb
Wed, 07/03/2024 - 10:25am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more