On the 27th, the virtual asset exchange Pobblegate (hereinafter referred to as Pobble) announced that it is implementing strong measures such as regularly designating insolvent projects as caution items and terminating trading support in order to strengthen user protection and transparency of the market ecosystem.

Pobble has terminated transaction support for a total of 12 projects through four regular reviews of noteworthy items this year. This is part of the 'Strengthening Transaction Support Project Review' policy announced in February.

The reasons for designating a project as a subject of concern are as follows: △Violation of laws and regulations △Price manipulation/unfair practices △Security issues △Insufficient technical support △Insufficient liquidity △Insufficient protection measures △Breach of agreement △Insincere disclosure. If a project is designated as a subject of concern and cannot clearly explain the reasons, transaction support will be terminated.

A Pobble official said, “We are suspending transactions on projects with issues such as lack of transparency in business, inconsistency in distribution volume, passive response from project management entities, and lack of continuous management.” He added, “We will prioritize the formation of a sound market and user protection, and strengthen the area of continuous monitoring and management.”

Meanwhile, on the 21st, Poble completed the renewal report of its virtual asset service provider (VASP) and is accelerating the transition to a won exchange by securing real-name accounts. To this end, it is strengthening the management process to protect investors.