According to CoinMeta, the Financial Services Commission of South Korea announced on November 12 that it plans to allow cryptocurrency exchanges to proactively suspend deposit and withdrawal services under certain conditions when they suspect a hack, without having to wait for an official confirmation of the attack. At the same time, the commission requires exchanges to establish 24-hour security monitoring and emergency response mechanisms. Exchanges that are unable to provide round-the-clock monitoring can only handle deposits and withdrawals during the periods when they have the capability to do so. In addition, the commission calls for an increase in the proportion of assets held in cold wallets, expanded insurance coverage, and reserve funds, and plans to impose security and liability for damages requirements equivalent to those of traditional financial institutions on cryptocurrency companies through the Digital Assets Act.