Virtual asset exchanges have begun disclosing fee discount and coupon benefits provided to ‘big-spender’ customers, but the process of establishing the disclosure standards by the Digital Asset eXchange Alliance (DAXA) has not been recorded, the Seoul Shinmun reported, citing DAXA’s response to Rep. Lee Heon-seung’s office (People Power Party). Unlike the purpose of the disclosure, which is to examine the benefits given to specific users and the degree of concentration, the process of creating the standards remains opaque.
