Upbit has not listed any cryptocurrencies issued by South Korean operators since 2021.

PANews reported on July 29th that the number of "Kimchicoins" (virtual assets issued by South Korean operators) listed on major cryptocurrency exchanges in South Korea has dropped significantly since the official launch of virtual asset regulation in 2021 (when the Special Financial Act came into effect). The media outlet explained, "According to statistics, of the 793 cryptocurrencies listed on Upbit, Bithumb, and Coinone since 2021, only 41 were issued by domestic operators. In particular, Upbit, the leading South Korean cryptocurrency exchange by trading volume, has listed 133 cryptocurrencies since 2021, none of which were issued by South Korean operators. Meanwhile, 20 of the 365 cryptocurrencies listed on Bithumb and 21 of the 295 cryptocurrencies listed on Coinone during the same period were issued by domestic operators."

Upbit has not listed any cryptocurrencies issued by South Korean operators since 2021.

Popular Articles

Curated Series