The Korean Financial Services Commission released the results of the virtual asset business survey for the first half of the year, showing that the operating profit of 35 reporting companies surged by 82% quarter-on-quarter

ChainCatcher news, the Financial Services Commission (FSC) of South Korea released the results of the virtual asset business survey for the first half of 2023, surveying 35 reporting companies (26 exchanges/traders and 9 wallets/custodians) to understand the current state of the domestic virtual asset market in South Korea. The total cryptocurrency market capitalization of the surveyed companies is 28.4 trillion won, a significant increase of 46% compared to the second half of 2022. The total operating profit is 227.3 billion won, a staggering increase of 82%, and the number of registered users is 9.5 million, a decrease of 19%.