The South Korean regulatory body will strengthen market monitoring of volatility in stocks and cryptocurrencies related to Trump
On November 8, South Korea's financial regulatory authority will strengthen its market surveillance, particularly focusing on stocks related to Donald Trump and the increasing volatility in the cryptocurrency sector. This decision was made following recent US election results and the latest statement from the Federal Open Market Committee (FOMC) of the Federal Reserve. At a meeting of the Financial Supervisory Service (FSS) on November 8, FSS Director Lee Suk-heon emphasized that strict measures need to be taken against market manipulation and spreading baseless rumors if there is evidence to support it.
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