Regulation· ★★★· neutral·

South Korea crypto activity hits $449.1B, but ranks 12th in competitiveness

  • —South Korea's crypto activity totaled $449.1 billion, up 12.3% YoY
  • —The Block ranks South Korea 12th of 15 jurisdictions in competitiveness
  • —Average daily trading volume fell 44% to 3.1 trillion won
  • —Exchange operating profit dropped 78% to 816 billion won
Why it matters: The region's largest activity volume paired with weak competitiveness and shrinking trading signals structural limits in South Korea's market.
#WLD
Source: TokenPost
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