The Korean Blockchain Association (KBA) has recently revealed a self-regulatory framework for its member cryptocurrency exchanges to boost trading transparency, The Korea Times reports on Tuesday, April 17.
The framework, announced by KBA executive Jeon Ha-jin during a press conference at the Korea Federation of Small and Medium Business (SME) in Seoul, comprises general measures to protect customers by optimizing the transparency of operations at crypto exchanges, as well as to prevent money laundering, insider trading, and other illegal activities.