South Koreans Sent $110B to Overseas Crypto Exchanges as Rules Lag
From financefeeds.com
South Korean investors transferred more than 160 trillion won, roughly $110 billion, from domestic cryptocurrency exchanges to overseas platforms last year, according to a joint report by CoinGecko and Tiger Research. The outflow reflects growing frustration with local trading limits in one of Asia’s most active digital asset markets. South Korea has long ranked among the world’s largest crypto hubs by retail participation and trading intensity. Yet domestic exchanges operate under a narrow regulatory framework that restricts activity largely to spot trading. More advanced products, particularly derivatives and ...
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