PANews reported on January 6 that, according to Yonhap News Agency, South Korea's Financial Services Commission is actively considering introducing a "payment suspension" system into the "Second Phase Legislation on Virtual Assets," allowing the freezing of accounts suspected of manipulating virtual assets before criminal sentencing to prevent the concealment or withdrawal of unrealized profits. This system references the freezing mechanism already applied to stock market manipulation cases in 2023 and aims to strengthen accountability and property protection for improper virtual asset transactions.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.