[South Korea Plans to Allow Exchanges to Suspend Deposits and Withdrawals in Case of Suspected Hacking Attacks] According to a report by Cointelegraph on November 12th, the South Korean Financial Services Commission plans to issue a no-action letter, allowing cryptocurrency exchanges to preemptively suspend deposits and withdrawals in the event of a suspected hacking attack, provided certain conditions are met, without waiting for confirmation of the attack. The agency also requires exchanges to strengthen 24/7 monitoring and incident response, increase the proportion of assets in cold wallets, and enhance insurance coverage and reserves. Exchanges unable to maintain continuous monitoring will only process deposits and withdrawals when staff are present, and will notify users in advance.