South Korea's DAXA tightens control over cryptocurrency APIs to combat the abuse of shared keys

By: rootdata|2026/05/30 04:45:01
0
Share
copy

According to Cryptopolitan, the Digital Asset Exchange Alliance (DAXA) in South Korea has introduced new compliance standards requiring exchanges to revoke API keys suspected of being improperly shared among users. The new regulations aim to combat market manipulation, false orders, and other behaviors that exploit shared or leaked API credentials.

According to the new guidelines, DAXA member exchanges will take strict measures when suspicious API sharing behavior is detected. After enhanced monitoring and user warnings, users will be required to undergo mandatory re-authentication. Upbit, Bithumb, Coinone, Korbit, and Gopax are all regulated by DAXA, and these exchanges will also implement an IP whitelist system to restrict API access only from approved addresses. The Financial Supervisory Service of Korea stated that automated trading currently accounts for about 30% of domestic cryptocurrency trading volume.

You may also like

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

Overview of Important Market Events on June 2nd

WSJ: Hyperliquid is becoming Wall Street's crypto "convenience store"

Hyperliquid has become a 24/7 trading venue, with more and more traditional and cryptocurrency traders flocking to the platform to bet on almost all assets.

Why do I still have confidence in ETH?

As stablecoins and RWAs accelerate on-chain, Ethereum's role as a global value settlement layer has only just begun, and the market will eventually reprice ETH.

CRCL surges and plummets, COIN follows with a dive: The real battle for interests behind the CLARITY Act

The leak of the CLARITY bill draft has triggered a plunge in Circle and Coinbase, directly hitting the core provision of the stablecoin "ban on interest," revealing the deep political and economic game in Washington's strict prevention of stablecoins evolving into on-chain savings accounts and the c...

Tokenized US stocks are not the "liquidity killer" of the crypto market

"As garbage coins are gradually eliminated, the protocols, infrastructure, and financial products that can truly create value have the opportunity to obtain a more reasonable valuation."

What Is TradFi and Why Is Everyone Talking About It in 2026?

Gold is rallying, SpaceX is heading for a historic IPO, and oil remains highly volatile. Discover why TradFi is back in focus and how crypto traders can access these opportunities with USDT. Put another way, TradFi Is Having Its Biggest Moment Ever, and Crypto Traders Are Perfectly Positioned
Deposit with zero fees and get 50% back
Join WEEX and get cashback on deposits. Limited-time offer!
Deposit with zero fees and get 50% backSign up and deposit now

Popular coins

Latest Crypto News

04:45

The probability of the Federal Reserve keeping interest rates unchanged in June is 98.6%, while the probability of a rate hike in July is 6.3%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 98.6%, while the probability of a cumulative rate cut of 25 basis points is 1.4%. By July, the probability of keeping interest rates unchanged is 92.4%, th...
04:45

The UK House of Lords committee calls on the country's central bank to reconsider restrictions on stablecoin holdings

According to CoinDesk, the UK House of Lords Financial Services Regulatory Committee has called on the Bank of England to reconsider the proposed limits on stablecoin holdings in its latest report. The committee suggested that rather than imposing a holding cap in advance, it would be better to moni...
04:45

Tom Lee predicts: As enterprise validators take over network control, the price of Ethereum will reach $250,000

According to CoinDesk, Tom Lee, Head of Research at Fundstrat and Chairman of Bitmine, stated at the Proof of Talk conference in Paris that he expects Ethereum to eventually reach $250,000, with artificial intelligence and tokenization driving significant changes in financial infrastructure. Lee poi...
04:45

The US dollar against the Japanese yen broke through 160 for the first time since April 30

According to Jinshi reports, the USD/JPY exchange rate has risen above 160, marking the first time since April 30.
04:45

Alphabet's $80 billion equity financing may set a new fundraising record

According to data compiled by institutions, Alphabet (GOOG.O) has initiated an $80 billion equity financing to raise funds for artificial intelligence infrastructure construction, which is expected to become the largest equity capital market transaction in history.The stocks in this joint issuance (...
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com