South Korea to expand monitoring of suspicious virtual-asset trading

  • Financial Supervisory Service will expand preventive monitoring of suspicious virtual-asset trading.
  • The measures will cover spoofing, concentrated trading and excessive order revisions.
  • The regulator cited price distortions and high volatility as consumer-protection risks.

South Korea’s Financial Supervisory Service (FSS) will strengthen monitoring of suspicious virtual-asset trading by expanding preventive measures to cover spoofing, concentrated trading and excessive order revisions. The regulator said digital-asset markets are especially exposed to unfair trading because of market-specific price distortions and high volatility. The measures were outlined in material on consumer protection performance and policy tasks released today, according to Digital Asset.

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