According to the Korea Herald Economic Daily, South Korean financial regulators are actively taking measures to regulate the securities attributes of virtual assets. Among them, the Korean Financial Supervisory Service (FSS) will announce the "Securities Token Supervision Plan" at the end of the year, and if it is clear that the currently trading Bringing securities that fall under current law may be investigated and sanctioned by the FSS. In addition, DAXA, a joint consultative body established by South Korea’s five major crypto trading platforms (Upbit, Bithumb, Coinone, Korbit, and Gopax), is also discussing which virtual assets are securities through internal inspections and collecting external recommendations.