Financial Commission Reports Decline in Virtual Asset Metrics
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5 Articles
(Seoul = Yonhap News) Reporter Kim Ji-yeon = The size and profitability of the domestic virtual asset market have shrunk significantly this year. Market capitalization in the first half (-33%), ge...
According to a survey on the state of virtual assets released by financial authorities, the domestic virtual asset market saw a significant decline in market capitalization and trading volume during the first half of this year due to the drop in Bitcoin prices. While exchange operating profits plummeted and user deposits decreased, the number of trading accounts increased slightly, creating a discrepancy between the maintenance of the market's o…
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Cryptocurrency News | Cryptocurrency Prices | Market CapFinancial Commission Reports Decline in Virtual Asset Metrics
The Financial Commission reports declines in virtual asset metrics, pointing to broader market challenges. Here's what this means for the sector.
It was found that the deterioration in the performance of exchanges continued in the first half of this year as virtual asset trading volume steadily declined.
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