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South Korean regulators will launch an investigation into CEX transaction fees to study potential fee reduction measures

Internet reports that South Korea's "Pioneer Economy" reported on June 19 that the Financial Services Commission (FSC) will launch an investigation into the collection of fees on local trading platforms and study possible intervention measures. The move is part of South Korea's new President Lee Jae-myung's overall pro-crypto policy. During the presidential campaign, Lee Zai-ming reportedly promised to reduce cryptocurrency transaction fees to support young investors. The FSC plans to conduct a comprehensive survey of the current rate system, charging methods and charged amounts of each trading platform.

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