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After the introduction of the virtual asset business reporting system, the government decided to check the market situation and take strong measures against unfair practices.
Goo Yun-cheol, head of the Office of Government Policy Coordination, presided over a meeting of the related ministries on virtual assets at the government complex in Sejong on the 28th and checked the implementation of the virtual asset business reporting system that was implemented in September.
As a result of the inspection, the reporting system has settled in the market without much confusion, and the market is rapidly reorganizing centered on reporting operators. Suspicions of unfair trade practices such as manipulation have been raised.
In response, the government agreed to take a strong response in case of unfair practices while communicating with the market, sharing the recognition that related responses are necessary, centering on investigative agencies such as prosecutors and police. In addition, when discussing the enactment of the Virtual Property Industry Act, the company plans to actively pursue legislative supplementation to regulate and punish unfair practices.
“The market has been operating stably since the introduction of the virtual asset business reporting system on September 24,” said Koo. ” he urged.
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