The Korea Digital Asset Exchange Joint Advisory Agency (DAXA) has announced that it has conducted training on the regulation of the virtual asset market. The training was prepared to strengthen the market supervision work efficiency of virtual asset service providers (VASPs) and the work skills of the responsible persons ahead of the implementation of the Virtual Asset User Protection Law next month. About 100 DAXA member companies and practitioners dedicated to the market supervision of domestic virtual asset exchanges participated in the training. According to the Virtual Asset Law, VASPs are required to continuously monitor abnormal transactions of virtual assets and notify financial authorities if violations are suspected. Kim Jae-jin, executive vice chairperson of DAXA, said that DAXA will support the preparation of all VASPs, including member companies, before the law is implemented.