South Korea Mulls Crypto Listing Guidelines Targeting CEXs

South Korea targets centralized exchanges with new guidelines for listing crypto assets.

King Sejong the Great gols statue with DEFI connection coming of hand.
Created by Kornelija Poderskytė from DailyCoin
  • South Korea is preparing to implement new crypto rules.
  • The rules will target centralized exchanges.
  • Certain digital assets may be exempted from the rules.

South Korean authorities are keen on imposing stringent token listing guidelines on centralized crypto exchanges as early as “next month,” a local media reported on Friday.

The Financial Supervisory Service (FSS) has been working on the new guidelines since the second half of last year when the regulator started gathering opinions from the Digital Asset Exchange Association (DAXA).

South Korea’s Crypto Exchange Listing Rules

According to the report, crypto assets from projects with a history of hacking may not be listed on domestic exchanges unless the causes of previous security incidents are “properly explained” or the damages suffered are recovered.


Under the guidelines, the FSS may mandate foreign crypto projects to publish whitepapers or technical manuals tailored for the Korean market so that their tokens can be listed on domestic exchanges. However, tokens listed on regulated overseas exchanges for at least two years may not be subject to these provisions.

The guidelines may also require crypto exchanges to delist the cryptocurrencies of projects that fail to comply with disclosure obligations, such as giving the accurate circulation number of their tokens.

The report quoted an official from the FSS saying the contents of the new listing guidelines “have been almost confirmed,” but the tentative schedule of their implementation has not yet been determined.


In the meantime, the official advised that crypto exchanges should brace for the stricter guidelines “as early as the end of this month, or as late as early next month” if the reporting procedures to the National Assembly are completed.

Stay updated on’s app debut in South Korea: Targets South Korean Retail Traders with App Launch

Read why Binance pulled Bitcoin NFTs:
Binance Pulls Bitcoin NFTs to Focus on Other Products

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.