South Korean regulators to step up market monitoring of Trump-related stocks and cryptocurrency volatility
According to Jinse Finance, the South Korean financial regulatory agency will strengthen its monitoring of the market, particularly focusing on the volatility in the stock market related to Donald Trump and the cryptocurrency field. This decision was made after the 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 Eun-ho emphasized the need to take strict measures against market manipulation and spreading unfounded rumors if there is evidence to support it.
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