Golden Finance reported that according to a report by the Financial Services Commission (FSC) of South Korea on Monday, the market value of virtual assets in South Korea reached 28.4 trillion won (about 21.1 billion U.S. dollars) from January to June this year, a year-on-year increase of 46%. During the same period, the global market value of virtual assets increased by 53%. In the first six months of this year, the operating profit of South Korean virtual market operators increased by 82% to 227.3 billion won, and deposits increased by 11% to 4 trillion won during the same period. The FSC investigated a total of 35 virtual asset operators in the country, including 26 cryptocurrency exchanges. Despite the increase in the value of the cryptocurrency market, the daily cryptocurrency trading volume of 26 exchanges from January to June fell by 1.3% to 2.9 trillion won from six months ago. As of the end of June, the number of individual and corporate cryptocurrency traders also decreased by 210,000 to 6.06 million. Among individual traders, people in their 30s accounted for the largest proportion, and more than 67% of them held virtual assets worth less than 500,000 won. The data also showed that 622 cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Dogecoin were traded in South Korea in the first half of the year. Also in the first half of the year, a total of 169 new currencies were listed, and another 115 currencies had trading suspended due to project risks, investor protection and other reasons.
