Two-thirds of South Korean crypto users with real-name accounts are inactive

Two out of three users with real-name accounts at South Korea’s five major won-based virtual asset exchanges were not actively trading, SBS Biz reported.

According to the office of Rep. Park Seong-hoon of the People Power Party, 3.8 million, or 32.6%, of the 11.63 million users holding real-name accounts at won-based virtual asset exchanges were actively trading as of the end of July. By contrast, about 7.83 million users, or 67.4% of the total, held real-name accounts but were not using them.

Source: Coinness