Financial Supervisory Service Strengthens Monitoring of Unusual Crypto Transactions

The Financial Supervisory Service is strengthening its monitoring of unusual transactions in virtual assets (digital assets). It has added 'phantom orders,' 'concentrated trading,' and 'excessive corrections' to the list of preventive measures. According to Digital Asset, the FSS announced this on July 17 in a document titled 'Financial Consumer Protection Achievements and Challenges.' The FSS explained that due to price distortions and high volatility inherent in digital asset markets, they are vulnerable to unfair trading, necessitating stronger consumer protection measures.