South Korean Exchange Halts Algorithmic Trading for KOSDAQ

South Korean exchanges rank high in terms of trading volume globally, with Upbit ranking as the world’s second-largest spot market in 2023, second only to Binance.

As of June 2023, the number of cryptocurrency investors in South Korea reached approximately 6 million, which is an astonishing number and accounts for more than 10% of the total population of South Korea.

South Korean financial regulatory authorities reveal the true face of the South Korean virtual asset market, including trading volume, revenue status, number of practitioners, number of users, and user preferences.

「Don't Ignore the Crazy Korean Premium」 is an old saying.