DAXA, the advisory body of South Korea’s leading cryptocurrency exchanges, has lifted investment warnings on Waves (WAVES) and Kava (KAVA).
Upbit According to a recent official statement led by waves And Kava on cryptocurrencies investment alert lifted. South Korea’s top 4 cryptocurrency exchanges takes place Digital Asset Exchange Association (DAXA) After this decision approved by the stock exchanges, KAVA And WAVES deposits announced that they will start With the effect of the news flow, WAVES and KAVA respectively 15% And 44%experienced a rise.
KAVA and WAVES have been removed from the watch list by DAXA members. DAXA members can collectively take measures to protect investors, such as calling for caution and terminating trading support based on risk indicators for each cryptocurrency product.
in December of 2022 the decision taken by the union He had hit the Waves. in those days Upbit In a statement made by Waves, stablecoin of USDN An investment warning was issued specifically for the project, on the grounds that the dollar lost its stability. A similar situation is with KAVA. stablecoin in USDX The project was included in the investment alert list after the dollar lost its stability.
On the other hand, a similar situation in case of recurrence It was emphasized that investment warnings could be applied again. WAVES/KRW, WAVES/BTC And KAVA/KRW, KAVA/BTC trading pairs will open as soon as possible stated.
After the investment warnings, KAVA and WAVES depreciated significantly. CoinGecko With these positive developments, according to the data of WAVES, in a short time 14% soaring $1,653 from the level $1,891 climbed up. However, if KAVA is 44% catching an increase $1.07 to $1.54 rose up. KAVA at the time of writing from $1.21 If WAVES from $1,852 is being traded.