Han FSS: API encrypted trading accounts for 30% of market transaction volume, and will strictly investigate abnormal automated trading behaviors
According to Cointelegraph, the Financial Supervisory Service (FSS) of South Korea stated that API-based cryptocurrency trading currently accounts for about 30% of the market's trading volume.
The FSS pointed out that some traders are using automated tools to inflate trading volume and manipulate prices, with methods including repeatedly submitting small orders to create a false sense of activity and artificially raising prices through high-limit orders.
The regulatory agency stated that it will conduct special investigations on accounts suspected of abnormal API trading and remind investors to be cautious of assets that experience sudden spikes in price and trading volume without obvious reasons. Previously, South Korea had required exchanges to verify asset balances every five minutes and continued to tighten anti-fraud rules, but some regulatory measures still face constraints due to an incomplete legal framework.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Taxes: Who Gained and Who Lost from the Changes Implemented by Javier Milei

Cryptocurrency in Banking Apps: What Will Change for Russians

web3: Mexico's Avocado Exports Resume After US Lifts Security Alert

Companies on the brink: 153 preventive crisis procedures initiated this year

A case of home robbery by fake police occurred in France, where the victim was forced to transfer $1 million worth of Bitcoin

Space Express: Sun Yuchen's In-Depth Interpretation of the B.AI Vision

The United States extradites 10 suspects of cryptocurrency market manipulation to stand trial

Solana v1 Transactions Prepare for Compatibility Check Ahead of 4096-byte Transition

Despite Limited Purchases by the BCRA, Reserves Increased by Nearly $1 Billion in the Week

Trump is Rebuilding the CFTC, But It Might Not Favor Crypto

Tokenization of Real Estate Credit Unites BB, Caixa, and Cooperatives

Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders

Why 89% of tokenized RWAs remain idle despite a $34.6 billion market: Falcon exec explains

$52.5 Billion Net Exposure Differed from Official Net Assets

Cardano Spends 23.6 Million Francs, On-Chain Audit Confirmed

DefiLlama and Forgd introduce institutional token grades, but warn that AAA does not mean risk-free

21-bank stablecoin has global backing, but can it rival USDT and USDC?

Bitcoin faces a two-week Fed trap as inflation rewrite threatens to upend rate cuts

The source on Naura and 3D DRAM memory is unavailable

Ubuntu 26.10 Releases Snapshot 3 for Testing Ahead of October Launch

Kalshi faces $500,000 daily fines as Michigan forces sports event contracts offline

30-Year Bond Yield Hits 4.079%, Raising Funding Costs for MetaPlanet's Bitcoin Purchases

Quantum Memory: The Device That Breaks Bitcoin and Replaces It

Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying

Anthropic's Mea Culpa: A Complete Autopsy of Claude's Missteps

Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire

Debate Over $300 Bitcoin Tax Exemption and Estimated Revenue Increase

Copy Trading: How Does It Work in 2026?

PL Deputy Proposes Gun Carrying Rights for Cryptocurrency Investors and Industry Executives







