PANews reported on October 23 that according to Seoul News, a survey by the Financial Supervisory Service of South Korea showed that nearly 35% of the virtual assets listed on South Korea's top five crypto exchanges (Upbit, Bithumb, Coinone, Korbit and Gopax) have been delisted in the past seven years from January 2018 to August 2024. Since the rise of cryptocurrency trading in 2018, these five exchanges have listed a total of 1,482 cryptocurrencies, of which 517 cryptocurrencies have been delisted. The average lifespan of these virtual assets on the platform is about 748 days, or a little over two years. The report also pointed out that 54% of the delisted assets were removed within the first two years after listing.
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