South Korea’s FSS Plans Probes Into Unfair Trading Tied to Crypto Issuer Foundations
Photo: TokenPost
South Korea’s Financial Supervisory Service (FSS) plans to move quickly on investigations into high-risk activity, including unfair trading involving digital-asset issuing foundations, as it updates oversight and user-protection measures. The FSS disclosed the plan Oct. 19 as part of an effort to strengthen protection for digital-asset users and maintain orderly trading. The investigative focus includes unfair trading involving issuing foundations. The regulator will continue upgrading its AI-based real-time market monitoring and investigative capabilities. The plan also calls for improving abnormal-trading monitoring and setting termination criteria and procedures. The FSS plans work on a Digital Asset Basic Act.
Source: TokenPost
