Why is the South Korean stock exchange is so little support cryptocurrency?Many investors, especially traders outside of South Korea, are still wondering why local crypto-exchange exchanges, such as Bithumb and Korbit, do not integrate much crypto currency.
Bithumb, the world's largest crypto currency exchange, which received more than three hundred million dollars in profits from fees last year, has only twelve crypto-loans tied to the platform. Korbit, the third largest currency exchange in the local market, has less than a crypto-currency variety than Bithumb.
South Korean crypto-exchange exchanges are extremely cautious when the currencies are in the market. As shown in various studies, the demand in the South Korean market is relatively high, but the offers are much smaller.
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In my own thought,south korean stock exchange has a little support because maybe they are also affected in declaration of banning the digital currency in there country,due to announcement of there government,that probihited crypto to operate,maybe they also hide there business to avoid the implementation of the law in south korean government.