TechFlow reports, citing foreign media, that 20 virtual asset exchanges in South Korea and the Digital Asset Exchange Alliance (DAXA) have jointly established a self-regulatory framework titled "Best Practices for Virtual Asset Trading Support," in alignment with the implementation of the Virtual Asset User Protection Act. The guidelines will officially take effect on July 19, coinciding with the enforcement of the user protection law. For the 1,333 virtual assets supported for trading as of the end of last year, a re-evaluation will be conducted within six months from the effective date. From January to June this year, the five major Korean won-denominated exchanges collectively terminated trading support for 39 virtual assets. Industry insiders believe the likelihood of large-scale delistings is low.
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