DAXA extends Alex (ALEX) designation as a stock to watch

The Digital Asset Exchange Association of South Korea (DAXA) has announced that it has extended its designation of Alex (ALEX) as a stock to watch for investment.
According to a public announcement by Bithumb and CoinOne on the 13th, DAXA has announced the facts regarding the designation of ALEX as a stock of interest.
DAXA has decided that a more thorough review is necessary for ALEX and has issued a cautionary tale for its investment.
The exchange explained that it has decided to extend the designation period. Accordingly, the update for the notice regarding the extension, removal, and termination of trading support for ALEX will be extended to July 11.