Principle
Following the revision of the guidelines in Clause 39/1 of the Securities and Exchange Commission's Notification No. Kor Thor. 19/2561 Re: Rules, Conditions and Procedures for Undertaking Digital Asset Businesses (and Amendments), Bitkub Online Co., Ltd. (“Bitkub Exchange” or “Company”) deems it appropriate to revise its Trading Rules regarding the issuance of Company announcements.
The Company hereby opens the public hearing on proposed amendments to the Trading Rules with the following key points:
The Company shall issue the announcements following the below criteria.
Topic | Announcement Issuance Period |
| 1. General announcement refers to an announcement of an event that affects only a small number of customers or no more than 3 systems, or is known in advance for a long period of time, such as a temporary suspension of the Company’s Call Center for maintenance due to the improvement of the building's electrical system, etc. | Issue at least 24 hours in advance before the event takes place |
| 2. Urgent announcement refers to an announcement of an event that affects no more than 3 systems but requires an urgent suspension, or an incident affecting more than 3 systems, such as an emergency technical issue occurring in the entire Company’s system or an external system provider (vendor). | Issue as soon as possible or within 30 minutes but not more than 24 hours |
| 3. Sensitive announcement refers to an announcement of an event that affects a large number (or all) of customers or concerns executives or the Company as a whole. | Issue as soon as possible or within 4 hours but not more than 72 hours |
Impact
| Relevant Party | Positive Impact | Negative Impact |
| Digital Asset Business Provider (Company) | - The Company has more transparent operations including a more appropriate and prompt announcement issuance process for notifying updates to its users. - The Company gains more reliability from users. | - |
| Trader/User | - Users promptly receive appropriate information related to the Company's services and can use such information to better make decisions in a timely manner. | - |
Enforcement guideline
The amendment of the Trading Rules regarding the issuance of Company announcements mentioned above will become effective only after receiving approval from the Securities and Exchange Commission. The Company will provide timely announcements and relevant information to customers following this approval.
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