Coinone, a prominent South Korean cryptocurrency exchange, has recently declared DAO (decentralized autonomous organization) as a transaction noteworthy item. This designation implies that Coinone will closely monitor and scrutinize all transactions involving DAO. The exchange has stated that it will suspend all DAO deposits starting from 6:10 PM KST (Korean Standard Time) today. This decision is part of Coinone's ongoing efforts to enhance its security measures and ensure compliance with regulatory requirements. Coinone has not provided any specific reasons for designating DAO as a noteworthy item. However, it is plausible that the exchange is taking a cautious approach due to the decentralized nature of DAOs and the potential risks associated with them, such as fraud and money laundering.
