South Korea's Cryptocurrency Holdings Halve in Just Over a Year as Stock Market Thrives

Stricter AML Regulations and 22% Tax Policy Add to the Burden

According to data obtained from the Bank of Korea by lawmaker Cha Kyu-geun, the total value of cryptocurrencies held by South Korean investors decreased from 121.8 trillion won (approximately 13 trillion yen) at the end of January 2025 to 60.6 trillion won (approximately 6.5 trillion yen) by the end of February 2026, halving in just over a year. This was reported by the Chosun Ilbo on May 5th.

The top five domestic exchanges (Upbit, Bithumb, Korbit, Coinone...