📢 South Korean crypto exchanges are set to re-evaluate over 1,000 tokens following the implementation of the Virtual Asset User Protection Act. This six-month review, starting July 19, aims to protect crypto investors' rights and interests. The Digital Asset Exchange Alliance, representing five Korean crypto exchanges, assures that mass delistings are unlikely due to existing monitoring criteria. However, only disqualification criteria will be disclosed to prevent market misuse. Tokens from decentralized autonomous organizations (DAOs) may face stricter reviews.💼🔍 Thoughts? Comment below!