[South Korea's DAXA Tightens Cryptocurrency API Controls to Combat Key Sharing Abuse] According to Cryptopolitan, the Digital Asset eXchange Alliance (DAXA) in South Korea has introduced new compliance standards requiring exchanges to revoke API keys suspected of being improperly shared among users. The new regulations aim to crack down on activities such as market manipulation and fake orders facilitated by shared or leaked API credentials. Under the new guidelines, DAXA member exchanges will take strict measures upon detecting suspicious API sharing behavior. After enhanced monitoring and user warnings, users will be required to undergo mandatory re-authentication. Upbit, Bithumb, Coinone, Korbit, and Gopax, all regulated by DAXA, will also implement an IP whitelist system to restrict API access to approved addresses only. The South Korean Financial Supervisory Service noted that automated trading currently accounts for approximately 30% of domestic cryptocurrency trading volume.