According to News1, 10 C2C exchanges in South Korea, including Oasis, Huobi Korea, Flata Exchange, Flybit, GDAC, and Beeblock, jointly launched the Virtual Asset Exchange Association (VXA) to solve the monopoly of the Korean virtual asset market by expanding the issuance of real-name accounts. issues, create an effective and fair competitive environment for consumer rights, expand consumer choice by providing various services, create a sound ecosystem for the development of the virtual asset market, and restore investment confidence and stability by establishing a thorough monitoring system. Consensus, and said that in the future, VXA will be used to urge specific implementation solutions.