South Korea to Introduce Guidelines Prohibiting Listing of Hacked Coins
Sunday, 7 April 2024, 09:19
South Korea Guidelines for Cryptocurrency Market
South Korea is taking a proactive stance against the listing of hacked coins in its cryptocurrency market. The guidelines will mandate issuers to provide detailed documentation such as whitepapers or technical manuals targeted at the Korean market to boost transparency and investor trust.
Key Points:
- Preventing Market Manipulation: The regulations aim to prevent the introduction of illicitly obtained coins into the market, ensuring fair trading practices.
- Enhanced Investor Protection: Requiring detailed documentation for issuers will enable investors to make informed decisions and mitigate potential risks.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.