PANews reported on May 29th that, according to Cryptopolitan, the Korea Digital Asset Exchange Alliance (DAXA) has introduced new compliance standards requiring exchanges to deregister API keys suspected of being improperly shared among users. The new regulations aim to combat market manipulation and fraudulent orders through the sharing or leakage of API credentials. Under the new guidelines, DAXA member exchanges will take strict measures upon detecting suspicious API sharing, requiring users to undergo mandatory re-authentication after enhanced monitoring and user warnings. Upbit, Bithumb, Coinone, Korbit, and Gopax, all regulated by DAXA, will also deploy IP whitelisting systems to restrict API access to only approved addresses. The Financial Supervisory Service of Korea stated that automated trading currently accounts for approximately 30% of domestic cryptocurrency trading volume.