Regulation· ★★★· neutral·

South Korea's FSC weighs introducing market maker system for crypto market

  • —FSC is weighing market making to boost crypto market efficiency and stability
  • —The current Virtual Asset User Protection Act prohibits market making
  • —Core exchange functions may shift from self-regulation to public regulation
  • —Governance rules for major shareholders and management are set to tighten
Why it matters: Introducing market making and moving exchanges under public regulation could deepen liquidity and trust in South Korea's crypto market.
Source: PANews
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