The Democratic Party officially announced that the exchange's governance structure must be decentralized.

The Democratic Party of Korea has formalized its push for decentralized governance of virtual asset exchanges, Digital Asset reported. Han Jeong-ae, the Democratic Party's policy committee chair, stated at a floor strategy meeting on the 10th, "We must swiftly pursue the enactment of the Basic Digital Asset Act, the second phase of legislation, to improve the structural problems of exchanges and establish a foundation for trustworthy digital asset trading through decentralized governance. We will address systemic weaknesses by mandating the establishment of internal control standards, mandating periodic inspections of digital asset holdings by external organizations, establishing no-fault liability for virtual asset operators in the event of computer incidents, and reviewing the eligibility of major shareholders." Regarding Bithumb's Bitcoin mispayment incident, Chairwoman Han stated, "This case goes beyond a simple operational error and clearly exposes the vulnerabilities of exchanges' ledger transactions and internal control systems. It has been confirmed that even the top three domestic companies have vulnerabilities in their verification systems between their ledgers and digital assets, multi-verification procedures, and human error control mechanisms."