🚀 South Korea To Enhance Cryptocurrency Monitoring System
#SouthKorea #Cryptocurrency #MonitoringSystem #FinancialSupervisoryService #VirtualAssetUserProtectionAct #DataManagement #SuspiciousTransactions #TradingVolume #PriceChanges #OverseasExchanges
According to PANews, the Financial Supervisory Service (FSS) of South Korea is set to strengthen its cryptocurrency monitoring system under the Virtual Asset User Protection Act. The FSS plans to enhance its methods for collecting and processing cryptocurrency data and establish its own standards for identifying suspicious transactions. Additionally, the agency aims to develop criteria for monitoring sudden price changes and surges in trading volume. The FSS will also improve the management of data received from overseas cryptocurrency exchanges, including transaction records and policy actions. Approximately 150 million KRW (108,000 USD) has been allocated for these upgrades, with the goal of completion by the first quarter of next year.#SouthKorea #Cryptocurrency #MonitoringSystem #FinancialSupervisoryService #VirtualAssetUserProtectionAct #DataManagement #SuspiciousTransactions #TradingVolume #PriceChanges #OverseasExchanges
🚀 Cryptocurrency Market Sees Significant Gains and Losses
#Cryptocurrency #MarketGains #PriceChanges #IMX #SUI #WIF #FLOKI #RAY #BCH #RENDER #ENJ
According to PANews, several cryptocurrencies have experienced notable price changes. IMX is currently priced at $0.632, marking a 16.82% increase. SUI has risen by 13.50% to $2.718, while WIF is up 9.53% at $0.517. FLOKI has increased by 8.62% to $0.0000674, and RAY has seen a 7.05% rise to $2.613.
Conversely, some cryptocurrencies have faced declines. BCH is now at $355.1, reflecting a 1.74% decrease. RENDER has dropped by 0.62% to $4.47, and ENJ has slightly decreased by 0.07% to $0.0868.#Cryptocurrency #MarketGains #PriceChanges #IMX #SUI #WIF #FLOKI #RAY #BCH #RENDER #ENJ