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The South Korean Financial Supervisory Service requires virtual asset exchanges to establish a unified fault compensation system

The Korea Financial Supervisory Service held a meeting with the CEO of virtual asset exchanges and DAXA at its headquarters, demanding the establishment of common standards and a reasonable compensation system for computer system failures that continue to occur. The Financial Supervisory Service said that with the Trump administration in the United States, the market expectations for virtual assets continue to rise, and exchanges are essential as the infrastructure for the operation of 24-hour markets. The Financial Supervisory Service will work with the Financial Services Commission to actively study the introduction of relevant regulatory measures.