Four Big Changes in the Global Crypto Market After South Korea’s Presidential Election
This report was written by Tiger Research, analyzing how Korea’s June 3rd presidential election will create four major changes in the global crypto market.
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South Korea as a Core Web3 Hub: With $5.4 billion in daily trading volume and 9.7 million active users, South Korea ranks as the third-largest crypto market after the U.S. and China. It serves as a key benchmark for global projects expanding into Asia.
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Tax Acceleration May Depress Volumes: Although crypto tax implementation is currently delayed until 2027, the new administration is likely to bring it forward. Drawing from international precedents, trading volume could decline by over 20%.
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ETF Approval Likely; Other Reforms to Face Delays: All major…
