Exchanges· ★★· neutral·

Digital X holds compliance training to prevent reward payout errors

  • —Training held Oct. 21 under the risk management division
  • —Internal control procedures and tiered approval thresholds reviewed
  • —Account segregation by payout purpose and dual approval emphasized
  • —Move follows DAXA's July addition of high-risk transaction controls to its standards
Why it matters: Tighter internal controls reduce erroneous payouts and bolster trust in Korean crypto platforms.
Source: Bloomingbit