Ten C2C exchanges in the South Korean cryptocurrency market jointly established the Virtual Asset Trading Association

ChainCatcher news, according to News1, ten domestic C2C exchanges in South Korea, including Oasis and Huobi Korea, have jointly launched the Virtual Asset Trading Association (VXA). They reached a consensus on addressing the monopoly issue in the South Korean virtual asset market by expanding the issuance of real-name accounts, creating an effective and fair competitive environment for consumer rights, expanding consumer choice through the provision of various services, establishing a sound ecosystem for the development of the virtual asset market, and restoring investment confidence and stability through the establishment of a thorough monitoring system. They also stated that they will urge specific implementation plans through the VXA in the future. (source link)