The number of listed tokens has significantly decreased after the implementation of South Korea's Virtual Asset User Protection Act

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

In addition, Coinone averages 7.8 cryptocurrencies listed per month, but has only listed 4 since the law took effect.