Han FSS: API encrypted trading accounts for 30% of market transaction volume, and will strictly investigate abnormal automated trading behaviors

By: rootdata|2026/04/13 20:42:02

According to Cointelegraph, the Financial Supervisory Service (FSS) of South Korea stated that API-based cryptocurrency trading currently accounts for about 30% of the market's trading volume.

The FSS pointed out that some traders are using automated tools to inflate trading volume and manipulate prices, with methods including repeatedly submitting small orders to create a false sense of activity and artificially raising prices through high-limit orders.

The regulatory agency stated that it will conduct special investigations on accounts suspected of abnormal API trading and remind investors to be cautious of assets that experience sudden spikes in price and trading volume without obvious reasons. Previously, South Korea had required exchanges to verify asset balances every five minutes and continued to tighten anti-fraud rules, but some regulatory measures still face constraints due to an incomplete legal framework.

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