Executive Summary
- •The country's five major exchanges transferred $1.81 billion offshore while receiving only $1.44 billion.
- •This marks the 18th consecutive month of net stablecoin outflows from the domestic market.
- •Traders are actively bypassing local platforms to access restricted products like overseas derivatives and staking.
Community Sentiment
Key Developments & Data
South Korean crypto traders move $367 million in stablecoins to offshore exchanges in June.
The country's five major exchanges transferred $1.81 billion offshore while receiving only $1.44 billion.
This marks the 18th consecutive month of net stablecoin outflows from the domestic market.
Traders are actively bypassing local platforms to access restricted products like overseas derivatives and staking.
"The government must comprehensively examine its investor protection and supervisory frameworks again and move swiftly to improve regulations." — Lee Jong-wook
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