Upbit has not listed any cryptocurrencies issued by South Korean operators since 2021.

avatar
PANews
07-29
This article is machine translated
Show original

PANews reported on July 29 that according to the Korean Daily, since the official launch of virtual asset regulation in South Korea in 2021 (when the Special Financial Law came into effect), the number of "kimchi coins" (virtual assets issued by Korean operators) listed on the country's major crypto exchanges has significantly decreased. The media explained: "According to statistics, out of 793 cryptocurrencies listed on Upbit, Bithumb, and Coinone since 2021, only 41 were issued by domestic operators. Notably, Upbit, which ranks first in trading volume among Korean crypto exchanges, listed 133 cryptocurrencies since 2021, but none of them were issued by Korean operators. During the same period, 20 out of 365 cryptocurrencies listed on Bithumb and 21 out of 295 cryptocurrencies listed on Coinone were issued by domestic Korean operators."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments