South Korea’s crypto market is undergoing structural changes after regulators ordered a six-month partial suspension of Bithumb on March 15, 2026. This action is part of a broader regulatory initiative and impacts the market’s structure, where Bithumb and Upbit account for 96% of trading volume. The crypto market update reveals that Korean price signals—which often lead global reactions—are now less reliable due to market concentration and capital controls.

Written by: Axis