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Virtual Asset Unfair Trading Agenda to be Reviewed... First Virtual Asset Investigation Committee Held

Suehyeon Lee
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  • It was reported that the first 'Virtual Asset Market Investigation and Deliberation Committee' with the participation of the Financial Services Commission and the Financial Supervisory Service was held.
  • Measures against individuals involved in unfair trading were decided.
  • The final level of sanctions is expected to be confirmed at the regular meeting of the Financial Services Commission.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The first 'Virtual Asset Market Investigation and Deliberation Committee' (VAMIDC) was held to review unfair trading agendas such as price manipulation in the virtual asset (cryptocurrency) market.

According to the industry on the 22nd, the first VAMIDC was conducted on the 20th, presided over by Kim Bum-ki, a standing member of the Financial Services Commission. The VAMIDC is known to consist of officials from the Financial Services Commission and the Financial Supervisory Service, as well as five private members.

In the first VAMIDC, measures against individuals involved in unfair trading were decided. The final level of sanctions is expected to be confirmed at the regular meeting of the Financial Services Commission.

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shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.