South Korea Ramps Up Crypto Market Oversight with AI-Driven Surveillance
South Korea's Financial Supervisory Service (FSS) has unveiled an aggressive 2026 strategy to combat crypto market manipulation, deploying AI and automated surveillance tools. The regulator aims to target whale-driven price manipulation and fraudulent exchange practices, with fines for IT failures across financial institutions.
The initiative follows identified threats to market integrity, with the FSS prioritizing real-time detection of abusive trading patterns. Yonhap reports the plan includes routine checks for artificial token price inflation and withdrawal-restricted assets on exchanges.