• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Guidelines for Regulating Token Listings Introduced in South Korea

user avatar

by Giorgi Kostiuk

a year ago


New guidelines are being introduced by South Korean financial authorities to enforce stricter regulations on token listings on centralized crypto exchanges. These guidelines aim to prevent tokens from projects that have experienced hacking incidents without addressing vulnerabilities from being listed on local exchanges. Additionally, the Financial Services Commission (FSC) in South Korea may require foreign token projects to create customized white papers for the local market to secure listing on local exchanges. However, tokens already listed on licensed exchanges for over two years may be exempt from these requirements. To ensure transparency and investor protection, exchanges may be required to delist cryptocurrencies if issuers do not disclose key information properly, including cases where actual circulation numbers do not match the declared amounts. South Korea boasts a dynamic cryptocurrency market, with Upbit being the largest exchange in the country, accounting for approximately 9% of global spot volume with a transaction volume exceeding $221 billion in March alone.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

user avatarGiorgi Kostiuk

PUMP Token's Price Drops by 75% Following ICO

chest

PUMP token's price falls by 75% post-ICO due to major sell-offs from whale investors.

user avatarGiorgi Kostiuk

Algorand (ALGO) Aiming for $0.50: Current Trend Analysis

chest

Algorand (ALGO) price changes after a long decline. Current analysis indicates bullish trends and potential support levels.

user avatarGiorgi Kostiuk

Explore Potential Altcoins: BlockDAG, Chainlink, XRP, and Cardano

chest

Overview of BlockDAG, Chainlink, XRP, and Cardano, their features and relevance in the market.

user avatarGiorgi Kostiuk

WLFI Token Prepares for Trading with $16 Billion Market Valuation

chest

The WLFI token, tied to a DeFi initiative, is set to debut on exchanges with a valuation of $16 billion. Negotiations for exchange listings are ongoing.

user avatarGiorgi Kostiuk

Latest News on Pi Network, Binance Coin, and BlockDAG in the Crypto Space

chest

An overview of the current state of Pi Network, Binance Coin, and BlockDAG in the cryptocurrency market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.