The South Korean Financial Supervisory Service (FSS) has officially announced that it will integrate Artificial Intelligence (AI) into its "VISTA" (Virtual Asset Intelligence System for Trade Analysis). VISTA is an internal platform specifically designed to monitor and analyze unfair trading practices within the virtual asset market. This platform was originally developed by FSS's internal staff using the Python programming language.
The FSS noted that bad actors are becoming increasingly sophisticated, frequently utilizing Application Programming Interfaces (APIs) to conduct high-frequency trading (HFT) that can manipulate prices within milliseconds. Consequently, transitioning from manual investigation processes to a fully automated, AI-based detection model is considered the most effective way to stay one step ahead of these perpetrators.
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