Financial Supervisory Service chief: ”We will ensure stability at the financial company level regarding the Beam memecoin listing issue”

According to News 1, the Financial Supervisory Service of Korea (equivalent to the Financial Services Agency of Japan) has announced that it will investigate the "listing beam of meme coins" that has recently emerged in virtual currency exchanges and will investigate financial company-level information.
On the 7th, Financial Supervisory Service Chairman Lee Bok-hyun said at the National Assembly meeting entitled "For the Sound Development of the Virtual Currency Market" held at the National Assembly in Yeouido, Seoul, that the government will ensure the safety of the virtual currency technology (IT).
He made the remarks at the "Democratic Party-Government Roundtable on Policy Issues for the Future." The meeting was attended by lawmakers from the People Power Party, Financial Services Committee Chairman Kim Byung-hwan, and Financial Supervisory Service Director Lee Bok-hyun.
Representatives from the industry included representatives from cryptocurrency exchanges Upbit, Bithumb, Coinone, and Cobit, as well as custody company Korea Digital Assets (KODA).
"Since the implementation of the Virtual Currency User Protection Act in July last year, we have been working to maintain healthy market order through intensive monitoring of irregular transactions and strict measures against unfair trading," said Director Lee Bok-hyun.
Due to systemic deficiencies (such as two-stage legislation), autonomous regulations such as virtual currency deposit fees have been introduced, but ‘listing beams’ in which virtual currency prices rise and fall abnormally sharply and computer failures have continued to occur.”
"In response to this, we will improve the listing procedures for virtual currency exchanges and ensure IT stability at the same level as financial companies," said Director Lee Bok-hyun. "We will thoroughly investigate any illegal activities, such as unfair trading, in the virtual currency market."
"We will strive to establish a healthy market order," he said. He continued, "As the recent new cryptocurrency policy by U.S. President Donald Trump is expected to cause a sudden change in the global regulatory environment,
"The need for gradual legislation has become greater," he said, emphasizing that "we will also actively support legislation."