South Korea has become one of the worlds most active cryptocurrency markets in 2026, with the Korean won accounting for nearly 30% of global spot crypto trading volume, according to Kaiko. The country now ranks second only to the US dollar in fiat-to-crypto trading activity, generating approximately $26 billion in weekly crypto turnover from its population of 52 million people. Most of Koreas crypto activity is concentrated on two major exchanges, Upbit and Bithumb, which dominate the domestic market. Data from Kaiko shows that altcoins make up around 85% of weekly trading volume,… Read more
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