Golden Finance reported that Jeong Eun-bo, chairman of Korea Exchange, said in an interview with the Daily Economy that South Korea needs to “accelerate the institutionalization process of digital assets” and “act quickly”, otherwise it may fall behind in international competition. He pointed out that the average daily trading volume of the South Korean stock market is about 20 trillion won (about 14 billion U.S. dollars), and the cryptocurrency market trading volume has exceeded this level since Trump was elected as the U.S. president. Zheng Enfu emphasized that the scale and influence of the crypto asset market have developed to a point where traditional markets cannot ignore it. Heads of exchanges from various countries held in-depth discussions on this issue at the recent World Federation of Exchanges (WFE) summit. It is worth noting that the Korean cryptocurrency market is unique and is mainly dominated by retail investors. Currently, no cryptocurrency companies are listed on Korean exchanges, and companies cannot use their balance sheets to purchase cryptocurrencies. Spot Bitcoin ETFs have not yet been approved. batch.