After the implementation of the South Korean Virtual Asset User Protection Law, the number of listed tokens has been significantly reduced

Since the implementation of the Virtual Asset User Protection Act on July 19, the number of cryptocurrencies listed on four exchanges, Upbit, Bithumb, Coinone and GoPax, has dropped to 11 (including duplicates). The total number of cryptocurrencies listed on these exchanges this year is 188, an average of 24.5 per month, but this number has been reduced by more than half.