标题：韩国当局正在寻求引入旨在遏制加密货币价格急剧尖峰的新法规

投入：韩国当局寻求引入新的法规，旨在遏制加密货币价格急剧的尖峰，并在列为投资者损失山后。

South Korean authorities are considering new regulations to mitigate the sharp spikes in cryptocurrency prices immediately after listing, as investor losses continue to rise.

韩国当局正在考虑新的法规，以减轻上市后立即减轻加密货币价格的尖锐峰值，因为投资者损失继续上升。

The Korea Economic Daily reported on Tuesday that financial authorities are discussing imposing a “listing beam breaker” to temporarily restrict trading of specific cryptocurrencies if their prices surge dramatically after listing.

《韩国经济日报》周二报道说，金融当局正在讨论施加“上市光束断路器”，以暂时限制特定加密货币的交易，如果其价格在上市后急剧上涨。

This measure is a response to the phenomenon of “listing beam,” where a newly listed coin's price soars like a laser beam right after it becomes available for trading.

该措施是对“清单光束”现象的回应，在该现象中，新列出的硬币的价格像激光光束一样飙升，就像激光光束可用于交易之后。

The move comes amid increasing concerns over the huge losses that some investors have suffered due to the sharp spikes and subsequent crashes in cryptocurrency prices shortly after listing.

这一举动是由于对某些投资者遭受的巨大损失的担忧越来越多，由于上市后不久，由于急剧的尖峰和随后的加密货币价格崩溃。

According to sources from the crypto industry, the financial authorities are pushing to introduce a cool-down system that would temporarily restrict trading of specific cryptocurrencies if their prices surge dramatically after listing.

根据加密货币行业的消息来源，金融当局正在努力引入一个凉爽的系统，如果其价格在上市后急剧上涨，该系统将暂时限制特定加密货币的交易。

This measure is designed to suppress speculative demand by halting trading in coins that experience extreme price volatility.

该措施旨在通过停止经历极端价格波动的硬币的交易来抑制投机需求。

Unlike stock market-wide mechanisms such as the sidecar or circuit breaker, this would apply only to individual coins showing abnormal fluctuations.

与诸如边防或断路器之类的股票市场机制不同，这仅适用于显示异常波动的单个硬币。

The authorities are also considering a rule where, if a coin's price skyrockets on one exchange and diverges significantly from its price on other exchanges, only the trading on that specific exchange would be restricted.

当局还在考虑一项规则，如果硬币的价格在一个交易所上的飞机售出并与其他交易所的价格显着分歧，则只有该特定交易所的交易将受到限制。

Major coins such as Bitcoin and Ethereum are expected to be excluded as the measures under consideration target only coins that are vulnerable to price manipulation.

预计比特币和以太坊等主要硬币将被排除在外的措施，仅考虑了容易受到价格操纵的硬币。

“We are reviewing measures such as restricting trading of specific coins in order to protect investors,” an official from the Financial Services Commission (FSC) was quoted as saying.

话说：“我们正在审查诸如限制特定硬币以保护投资者的措施。”

It is not uncommon for coin prices to fluctuate sharply after listing in Korea's crypto market.

在韩国加密货币市场上市后，硬币价格急剧波动并不少见。

In December 2024, Movement Coin, which was listed on Coinone at 215 won ($0.15), soared to 998,500 won in just three minutes - a 46,000-fold increase - before crashing to 10,000 won five minutes later and further dropping to 800 won within two hours.

2024年12月，在Coinone上以215韩元（0.15美元）上市的运动硬币在短短三分钟内飙升至998,500韩元 - 增加了46,000倍 - 在五分钟后坠毁至10,000赢，在两个小时内进一步降至800韩元。

At the time, the same coin was trading at about $0.45 on overseas exchanges.

当时，同一枚硬币在海外交易所的交易价格约为0.45美元。

Industry experts attribute this phenomenon to the limited initial coin supply and high investor expectations immediately after listing.

行业专家将这种现象归因于有限的初始硬币供应和上市后的高度投资者期望。

Market manipulation fueled by excess domestic liquidity and scarce coin availability during the early listing phase is also a contributing factor.

在上市阶段，国内流动性过多和稀缺的硬币可用性所推动的市场操纵也是一个促成因素。

However, there are concerns about the proposed regulation.

但是，对拟议的法规有一些担忧。

Some in the industry warned that suspending trading on only one exchange could unfairly harm users of that specific platform.

行业中的一些人警告说，仅在一个交易所进行交易的暂停可能会不公平地损害该特定平台的使用者。

They stressed the importance of clearly defining the criteria and scope of these restrictions to minimize harm to ordinary investors.

他们强调了明确定义这些限制的标准和范围以最大程度地减少对普通投资者的伤害的重要性。