South Korea crypto listing rules face scrutiny amid inconsistent token reviews

South Korea’s self-regulated crypto listing regime is coming under renewed pressure after domestic exchanges took differing post-listing actions on several overseas tokens, highlighting concerns over transparency and investor protection. Newsway reported that exchanges put Storage (STORJ) on a delisting watchlist after Storage Labs filed for Chapter 11 bankruptcy protection, while Movement token saw no comparable action for nearly a month despite a bankruptcy filing by Movement Labs. Platforms also split over meme coin Bonk after a security incident, with some moving toward delisting and others removing investment-caution labels. South Korea currently has 768 listed tokens, and the report said competition among exchanges to add more assets may weaken post-listing oversight unless clearer maintenance standards and public disclosure of review criteria are introduced.

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