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…
