South Korea releases virtual asset listing standards and may re-evaluate 1,333 tokens within six months

BlockBeats news, on July 2, according to decenter reports, the Korean Digital Asset Trading Platform Alliance (DAXA) has formulated virtual asset listing standards. In order to cooperate with the implementation of the "Virtual Asset User Protection Act" next month, the listing will be reviewed according to four requirements. Once the bill comes into effect, all Korean crypto trading platforms will formally implement these guidelines.

In addition, within six months from the date of implementation, approximately 1,333 virtual assets currently being traded will be re-evaluated. Between January and June of this year, DAXA member trading platforms delisted a total of 39 cryptocurrencies. Despite the increased scrutiny, the industry does not expect a large-scale one-time delisting.