PANews reported on April 6th that, according to YNA, South Korea's financial regulator, the FSC, has mandated that all local cryptocurrency exchanges establish stricter asset reconciliation systems, requiring them to reconcile their internal ledgers with actual cryptocurrency holdings every 5 minutes. Currently, only two of South Korea's five major exchanges have implemented asset reconciliation within 5 to 10 minutes, while the other three still use a 24-hour cycle. Furthermore, the trading halt mechanism ("circuit breaker") has also revealed certain flaws in the event of large-scale asset mismatches.

Under the new requirements, all trading platforms must complete system construction by the end of May, disclose asset matching status daily, and undergo monthly external audits by accounting firms. These regulations will be incorporated into the virtual asset market regulatory bill for legislative advancement. This regulatory upgrade stems from a major operational error by Bithumb in February of this year: the platform mistakenly sent approximately 620,000 bitcoins to 249 users during a promotional campaign, causing market volatility. Although most of the assets were subsequently recovered, the incident exposed deficiencies in its internal risk control and management mechanisms.