FSS establishes the world's first coin unfair trade investigation system

Reporter Paul Lee / approved : 2023-05-31 03:38:01
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[Alpha Biz=(Chicago) Reporter Paul Lee] The Financial Supervisory Service will form a task force (TF) to investigate and supervise unfair trading of virtual assets. The intention is to reflect the 'Unfair Trade Act Investigation System' in the Enforcement Decree of the Virtual Asset User Protection Act (Virtual Asset User Protection Act), which recently passed the National Policy Committee of the National Assembly.

Kim Bu-gon, director of the Digital Finance Innovation Bureau at the Financial Supervisory Service, announced his plan to push for a virtual asset market supervision system at a "meeting with virtual asset operators" held at Dream Plus Gangnam in Gangnam-gu, Seoul on the 30th.

The Virtual Asset Unfair Trade TF, established by the Financial Supervisory Service, establishes an investigation system based on data monitoring on the on-chain (on the blockchain). It is also known that on-chain data tracking solutions are under consideration for this.
 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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