According to CoinMeta, as reported by digital and asset, South Korean Democratic Party member Jung Tae-ho proposed the "Digital Asset Market and Digital Asset Industry Related Act" on October 29th. The act stipulates that exchanges must re-examine digital assets that were supported for trading at the time of its implementation within one year after the law takes effect, with those identified as posing significant risks to user protection or market order to be given priority for review within six months. Those that do not meet the maintenance criteria after review must proceed with the termination of trading support and ensure that users have the opportunity to dispose of or transfer their assets.