PANews reported on March 20 that according to Upbit's announcement, the Korean Digital Asset Exchange Association (DAXA) has issued an investment risk warning for Cronos (CRO). CRO will undergo a network upgrade in March 2025 and announce a proposal for additional issuance. The proposal was voted on on March 17 to increase the total issuance of CRO from 30 billion to 100 billion, which is expected to lead to increased price volatility. DAXA may take further protective measures, such as specifying trading warnings or terminating trading support, depending on market conditions.
Upbit reminds users to pay attention to Cronos (CRO) investment risks
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