📢Good news! The Financial Supervisory Service (FSS) of South Korea announced the launch of a new monitoring system to strengthen supervision of cryptocurrency exchanges and prevent fraudulent transactions. 🔍This system will regularly report abnormal transactions to ensure that exchanges can meet their legal obligations. 👏

📆The new measure will be implemented on July 19 in conjunction with the first regulatory framework for cryptocurrency investor protection, the Virtual Asset User Protection Act. 🔐

🤝Meanwhile, the Digital Asset Exchange Alliance (DAXA) and 20 local exchanges released the "Best Practice Guidelines for Supporting Digital Asset Transactions". The guide aims to provide a more relaxed review plan for assets that have been compliantly traded in overseas markets for more than two years. 💼

🎉These measures show South Korea's positive attitude towards cryptocurrency regulation, committed to improving market stability, protecting investors, and combating financial crime. 👍This is good news for Bitcoin optimists! 🚀