What Drove South Korea Crypto Exchange Profits Down 78%?

What drove South Korea crypto exchange profits down 78%?

South Korea crypto exchange profits fell 78% in H1 2026 as daily trading volume dropped 44% and won deposits declined 35%, KoFIU data shows.

South Korea Crypto Trading Slumps as Exchange Profits Fall 78%

South Korean crypto exchange profits fell 78% in H1 2026 as trading volume dropped 44% and investors increasingly shifted attention toward stocks.

South Korea's Crypto Exchanges See Profits Collapse 78%

South Korea's 17 registered crypto exchanges earned a combined operating profit of 81.6 billion won ($60.9 million) in the first half of 2026, a 78% decline from the 374.8 billion won they reported in the second half of 2025, according to a Korea Financial Intelligence Unit survey published on 1 October. The survey covered 26 virtual asset service providers in total, including nine custody and wallet operators that posted separate losses. Averag…

South Korea Crypto Exchange Profits Drop 78% in H1 as Trading Slumps

South Korea’s regulated crypto industry took a sharp hit in the first half of 2026, with operating profits at virtual asset exchanges falling 78%, according to government figures released this week. KoFIU said the downturn tracked lower trading activity, weaker market valuations, and reduced customer deposits denominated in won. The results underscore how quickly trading-oriented [...]

South Korea crypto exchange profits fall 78% in H1 amid trading slump

South Korean crypto exchange operating profits fell 78% in the first half of 2026 as trading volumes, market capitalization and customer deposits declined.