South Korea's Crypto Market Is Getting Older, Quieter, and Smaller
South Korea’s crypto market is getting older, quieter, and smaller, according to a half-yearly survey released on October 1 by the Korea Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service. Users in their 40s are now the largest age group, daily trading volume fell 44%, and the value of crypto on domestic exchanges shrank The post South Korea's Crypto Market Is Getting Older, Quieter, and Smaller appeared first on BeInCrypto.
Key Takeaways
- South Korea’s crypto market is getting older, quieter, and smaller, according to a half-yearly survey released on October 1 by the Korea Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service.
- Users in their 40s are now the largest age group, daily trading volume fell 44%, and the value of crypto on domestic exchanges shrank The post South Korea's Crypto Market Is Getting Older, Quieter, and Smaller appeared first on BeInCrypto.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Exchange
BitGo CEO says Clarity’s failure left capital markets exposed to risk potentially worse than Lehman
BitGo CEO Mike Belshe warned that Clarity's failure left systemic risks arising from one firm holding exchange, brokerage, and custody functions.
Bitcoin Price Is up 13% Since the Rate Hike Trump Says the Fed Got Wrong
President Donald Trump told Time the Federal Reserve should not have raised interest rates, yet bitcoin’s price has climbed roughly 13% since the Sept. 16 hike he is complaining about. ‘This Just Happened?’ The exchange came during a White House sit-down on…
Coinbase completes Deribit switch, ending International Exchange trading
The October 1 cutover leaves the old venue read-only and changes trading access, settlement and records for affected institutions. The post Coinbase completes Deribit switch, ending International Exchange trading appeared first on CryptoSlate.