The South Korean Financial Services Commission has discussed establishing a mutual fund to improve the governance of cryptocurrency exchanges

According to South Korean media reports, in order to improve the governance structure of digital asset exchanges and address monopoly issues, the Financial Services Commission of South Korea discussed the idea of pooling a portion of exchange profits into a common fund while formulating the "Guidelines for Professional Investment Companies Participating in the Virtual Asset Market." Currently, the idea of a common fund remains in the conceptual stage, and no specific direction has been determined.

Given the current market landscape, the top five Korean won exchanges (Upbit, Bithumb, Coinone, Korbit, and GOPAX) account for over 90% of the market share, so this proposal may only apply to a few top exchanges.