The Chairman of the Korea Exchange, Jung Eun-pyo, recently stated at the World Exchange Market Summit that South Korea should swiftly integrate cryptocurrencies into its financial system to overcome regulatory barriers and maintain international competitiveness. He pointed out that since Trump's election, the average daily trading volume of the South Korean crypto market has exceeded 200 trillion won (approximately 14 billion USD). 📈
Jung Eun-pyo criticized the attitude of viewing virtual currencies as speculative assets, warning that this could leave South Korea lagging in international competition. Despite the rapid growth of the crypto market, there are currently no crypto companies listed on the KRX, and businesses cannot purchase cryptocurrencies on their balance sheets. 🔍
He urged South Korea to seize the opportunity to institutionalize the cryptocurrency market to create new value and enhance international competitiveness. 🌍