DAXA Enhances Investor Protections Ahead of New Cryptocurrency Regulation Implementation

DAXA, comprising digital asset exchanges like UPBIT, Bithumb, Coinone, Korbit, and GoPax, is intensifying investor protection efforts ahead of the Cryptocurrency User Protection Act, set to be enforced on July 19th. They’ve launched a public service campaign via cable, newspapers, and outdoor ads to promote and stabilize the Act, focusing on investor cooperation during a crucial period for the virtual asset market. Additionally, DAXA has strengthened ties with financial authorities, co-publishing a guide on investment fraud with the Financial Supervisory Service. A DAXA representative emphasized the importance of protecting investors amid market turbulence and committed to ongoing compliance and promotional efforts to foster a healthy virtual asset ecosystem.

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