Wu said that Upbit, the largest spot exchange in South Korea and the second largest in the world, has launched three tokens, Bounce Stargate Finance and BEAM, in the past three days, which is very rare compared with the previous listing speed. Analysts pointed out that it may be related to the "Virtual Asset Investor Protection Act" that came into effect in South Korea in July. After it comes into effect, there will be more complicated listing rules and virtual assets with a history of hacker attacks will be prohibited from listing.