South Korea's Financial Supervision Service (FSS) has announced the launch of a new surveillance system aimed at strengthening the supervision of cryptocurrency exchanges and preventing fraudulent transactions.。According to the latest notice, the local exchange will establish a continuous monitoring system and regularly report abnormal transactions to ensure that its legal obligations are met.。The move will be implemented on July 19 in tandem with the first cryptocurrency investor protection regulatory framework, the Virtual Asset User Protection Act.。At the same time, the Digital Asset Exchange Alliance (DAXA) and 20 local exchanges have issued a Best Practice Guide to Support Digital Asset Trading, which aims to provide a more lenient review plan for assets that have been in compliance trading in overseas markets for more than two years.。These initiatives show South Korea's positive attitude towards cryptocurrency regulation, its commitment to improving market stability, protecting investors, and combating financial crime.。