With a total trading volume of 456 billion USD. The crypto market in South Korea is very vibrant, having seen crypto trading volume surpass that of the stock market in March.

Major exchanges such as Upbit and Bithumb are leading the domestic market, while global exchanges such as Crypto .com and Binance are expanding their operations here. To protect investors, South Korea will apply a new law from July 2024, crypto companies must ensure the safety of the majority of money deposited by customers and must participate in an insurance program to protect users in case of risk.