South Korean crypto exchanges grapple with falling trading volume as investors shift to stocks
Summary by The Korea Times
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South Korean crypto exchanges grapple with falling trading volume as investors shift to stocks
Korean cryptocurrency exchanges are grappling with declining trading volumes due to a capital shift toward the domestic stock market, industry officials said Thursday. To stay afloat, exchanges are rolling out new strategies, including coin lending services that enable leveraged trading and short-selling in cryptocurrencies. According to data from market tracker CoinGecko, average monthly trading volume at Korea's five major cryptocurrency excha…
·Korea, Republic of
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