🚀 South Korea's Financial Supervisory Service (FSS) is taking crypto transactions under its wing! Starting July 19, a new system will monitor suspicious transactions on exchanges, thanks to the Virtual Asset User Protection Act. This covers a whopping 99.9% of the country's trading volume! 🕵️‍♂️

Exchanges will report fishy activities straight to the FSS. Market manipulation, illegal trading, you name it, they're on it! 29 exchanges, including big names like Upbit, Bithumb, and Coinone, are now under the FSS's watchful eye.

Meanwhile, South Korean officials are pondering the impact of listing Bitcoin and Ether ETFs on local exchanges. More research needed, they say. What do you think? Comment below! 📈📉