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South Korea crypto exchange profits drop 78% in H1

South Korean crypto exchanges experienced a 78% decline in operating profits during the first half of the year, attributed to reduced trading activity, market valuations, and customer deposits, according to government data.

South Korean crypto exchanges saw operating profits fall 78% in the first half of 2026, according to new government data, as trading activity, market valuations and customer deposits declined. On Thursday, the Korea Financial Intelligence Unit (KoFIU) said average daily trading volume at domestic virtual asset exchanges also fell from the prior period.