Deep Tide TechFlow news, on May 10, according to Cointelegraph, the total value of cryptocurrency holdings by Korean investors fell sharply from 121.8 trillion won (approximately $8.33 billion) at the end of January 2025 to 60.6 trillion won (approximately $4.14 billion) at the end of February 2026, a drop of more than 50%. During the same period, the daily trading volume across the five major exchanges shrank from $11.6 billion to $3.0 billion. The main reasons for the decline are mainly the pullback in cryptocurrency prices and the flow of funds into the stock market. Meanwhile, regulatory pressure continues to intensify: authorities plan to implement new anti-money laundering rules in August, requiring automatic tagging of foreign crypto transactions exceeding 10 million won; the 22% crypto income tax has also been confirmed to take effect as scheduled on January 1, 2027.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin