UPBIT, the largest exchange in South Korea and the second largest globally, has recently listed three tokens in three consecutive days: BOUNCE, STARGATE FINANCE, and BEAM. This rapid listing pace is uncommon compared to previous listings. Analysts suggest that this may be related to the "Virtual Asset Investor Protection Act" that came into effect in July in South Korea. The law enforces more stringent listing rules and prohibits virtual assets with a history of hacking attacks from being listed.

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BEAM

Wu learned that Upbit, the largest exchange in South Korea and the second largest globally, has consecutively listed three tokens, Bounce, Stargate Finance, and BEAM, in the past three days, which is very rare compared to its previous listing speed. Analysis suggests that this may be related to the Virtual Asset Investor Protection Act that took effect in South Korea in July, which will introduce more complex listing rules and prohibit virtual assets with a history of hacking attacks from being listed.

UPBIT Continuously Lists Three Tokens Possibly Due to South Korea's New 'Virtual Asset Investor Protection Act'