South Korea will review 1,333 tokens from July 19, and the industry believes that the possibility of large-scale delisting is low

According to foreign media reports, 20 virtual asset exchanges in South Korea and the Korean Digital Asset Exchange Alliance (DAXA) have formulated self-regulatory norms for "Best Practices in Supporting Virtual Asset Transactions" to cooperate with the implementation of the Virtual Asset User Protection Act. The norms will be officially implemented on July 19 along with the User Protection Act. The 1,333 virtual assets that have been supported for trading as of the end of last year will be reviewed within 6 months of the implementation date. From January to June this year, the five major won exchanges terminated support for 39 virtual asset transactions, and the industry believes that the possibility of large-scale delisting is low.