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South Korean President Lee Jae-myung said the government is assessing the policies needed to stabilize the stock market, will soon hear a comprehensive report and take necessary measures; he said the South Korean stock market is severely undervalued.
South Korea's Ministry of Economy and Finance said it will closely monitor whether stock market volatility spreads to bond, foreign exchange, and money markets, and will respond sternly to acts that disrupt market order.
Nasdaq plans to initiate suspension and delisting procedures for companies whose market capitalizations remain below 30 for 5000000 USD days;SEC has paused its progress and is seeking further public comment.
South Korean regulators stated that they would respond severely to activities disrupting the market, adding that they would prepare to activate an emergency plan if necessary.
AggrNews, citing The Wall Street Journal, reported that CFTC plans to introduce CTX and CAM regulations, replacing a crypto regulatory approach based solely on enforcement with formal rules.
Russia’s Deputy Finance Minister said that Russia will promote the legalization and transparency of the cryptocurrency market, estimating that the country has approximately 20 million users and related investments totaling approximately 3.7 trillion rubles.
The CFTC said that “mention market” prediction contracts are more susceptible to manipulation, requiring exchanges to strengthen rules, monitoring, and risk controls when listing them in limited circumstances.