Korean Regulatory Agency Considers Pre-Freezing Crypto Accounts Involved in Market Manipulation During Investigation

By: theblockbeats.news|2026/01/06 16:16:04
0
Share
copy

BlockBeats News, January 7th. South Korea's financial regulatory authority is currently evaluating the introduction of a "preventive freeze" mechanism, allowing the temporary freezing of relevant accounts in cryptocurrency transactions suspected of price manipulation before the proceeds are cashed out. The Financial Services Commission (FSC) is studying a transaction suspension system, aiming to align the cryptocurrency enforcement standards with those of the stock market to address the current issue of requiring a court order and lag in disposals.


This discussion comes as South Korea is advancing its cryptocurrency legislation into the second stage, focusing on stablecoins and market manipulation. If implemented, regulation will shift from ex-post facto accountability to ex-ante intervention, increasing scrutiny on high-frequency, automated trading, and short-term abnormal fluctuations, significantly tightening the market enforcement environment.

You may also like

North Korean Hackers Enjoy 'Fat Years': Stole Record Amount in 2025, With Money Laundering Cycle of About 45 Days

The cryptocurrency industry saw thefts exceeding $3.4 billion in 2025, with the Bybit attack in February alone resulting in a $1.5 billion loss.

Crypto and AI: the hidden digital gray market of Xianyu

Crypto and AI: You Can Buy Anything on Xianyu.

Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out

The future of the on-chain interest rate market may allow borrowers to directly face a market-driven interest rate instead of being locked into a single rate.

What’s Driving Crypto Markets in Early 2026: Market Swings, AI Trading, and ETF Flows?

Imagine checking Bitcoin and Ethereum prices in a day — one minute up 5%, the next down 4%. Sharp moves, quick reversals, and sensitivity to macro signals marked the first week of 2026. After an early-year rally, both assets pulled back as markets recalibrated expectations around U.S. monetary policy and institutional flows. For traders — including those relying on AI or automated systems — this period offered a vivid reminder: abundant signals do not guarantee clarity. Staying disciplined in execution is often the real challenge.

America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?

Can this influx of digital income into "Cowboy State" really mend the rifts in this land?

Zcash Core Team Exodus Story, Crypto's Own OpenAI Drama

Nonprofits are subject to strict legal regulation, making it difficult for them to scale rapidly through equity or external investment as startups do

Popular coins

Latest Crypto News

Read more