Crypto World News reports that, according to SBS Biz, from 2022 to 2025, the cross-border remittance volume of South Korea's five major cryptocurrency exchanges will increase from 34.02 trillion won to 163.55 trillion won, a surge of about 380%. Data from the office of South Korean National Assembly member Kim Sang-hoon shows that remittance growth through crypto exchanges is significantly faster than that of the banking system. Professor Hwang Seok-jin from Dongguk University Graduate School of International Information Protection believes that the higher overseas remittance fees charged by banks may lead some consumers to switch to lower-cost crypto exchanges.