The South Korean encryption trading platform Upbit released information on the position of the Korea Digital Asset Exchange Association (DAXA) on the review of the security attributes of some virtual assets. When the U.S. Securities and Exchange Commission (SEC) investigated the virtual assets of securities listed on Coinbase, it classified 9 virtual assets as securities. Among these 9 assets, the virtual assets currently supported by Upbit include Rally Network token RLY, Power Ledger token Coin POWR. Upbit said that in the case of violent fluctuations in the market price and trading volume of virtual assets, DAXA may jointly adopt measures such as urging investment prudence and terminating trading support.
JinseFinance
