DAXA Enhances Investor Protections Ahead of New Cryptocurrency Regulation Implementation

DAXA, a coalition of digital asset exchanges including UPBIT, Bithumb, Coinone, Korbit, and GoPax, is ramping up efforts to protect investors in anticipation of the Cryptocurrency User Protection Act, which comes into effect on July 19. The group has initiated a comprehensive public service campaign involving cable broadcasts, newspapers, and outdoor ads to boost awareness and readiness for the Act, focusing on investor engagement and cooperation. Additionally, DAXA has strengthened ties with financial authorities, producing educational materials on investment fraud in collaboration with the Financial Supervisory Service. These efforts come as DAXA commits to ongoing compliance with the Act to foster a stable and healthy virtual asset market.