South Korea's top five exchanges hold 80 trillion won in client assets but reserves vary up to 27x
- —Upbit holds 80 billion won in reserves versus Streami's 3 billion, a 26.7x gap
- —Bithumb's reserves fell from 100 billion won in late 2024 to 53.4 billion
- —Upbit holds 59.45 trillion won in client assets; Bithumb 16.95 trillion
- —Cold-wallet share ranges from 99.17% at Upbit to 80.54% at Streami
Why it matters: Lawmaker Min Byung-duk is pressing for minimum compensation and reserve standards in the second phase of Korea's digital asset legislation.
Source: Blockmedia
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