South Korean regulators will step up market monitoring of Trump-related stocks and cryptocurrency volatility
South Korea's financial regulator will step up its monitoring of the market, with a particular focus on stocks linked to Donald Trump as well as increasing volatility in the cryptocurrency sector. The decision follows the recent election results in the United States and the Federal Reserve's latest FOMC (FOMC) statement. At a meeting of the Financial Supervisory Service (FSS) on November 8, Financial Supervisory Service (FSS) Director Lee Bok-hyun stressed the need for strict measures against market manipulation and the spread of unfounded rumors if there is evidence to support it.