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Korea New Token Listings Plunge 74%, India USDT Premium Hits 8.5%, Binance Officially Enters Philippine Market and Top10 News

Korea New Token Listings Plunge 74%, India USDT Premium Hits 8.5%, Binance Officially Enters Philippine Market and Top10 News

1. Net New Token Listings on Korea’s Five Major Crypto Exchanges Plunge Around 74% Year-on-Year link

The pace of new token listings on South Korea’s domestic crypto exchanges slowed markedly in the first half of the year, accompanied by a rise in delistings of illiquid and problematic tokens. EToday compiled data from South Korea’s five major exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax — showing the net increase of newly supported trading pairs after accounting for terminated listings stood at 49 in the first half of this year, a roughly 74% drop from 191 in the same period last year. The number of newly listed assets fell 44% year-on-year, while terminated listings surged 258% compared to last year. Reports state…

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