Asia's weekly TOP10 crypto news (Oct 21 to Oct 27)
1. South Korea’s Financial Supervisory Service Investigates: Five Major Cryptocurrency Exchanges Have Delisted 34.9% (517 Types) of Tokens Over Seven Years link According to data submitted by the Financial Supervisory Service of South Korea to the National Assembly, from January 2018 to August 2024, the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) listed a total of 1,482 cryptocurrency assets, of which 34.9% (517 assets) have been delisted. These delisted assets had an average listing duration of 748 days, but over 54% were removed within two years. Additionally, 20.7% of the assets were delisted in less than a year, with the shortest lifespan being 77 days for DigixDAO, which was delisted in January 2018. Notably, in contrast to the volatility of the cryptocurrency market, there have been no forced delistings of stocks on the South Korean stock exchange in the past seven years. 2. Japanese Democratic Party Leader Commits to Reducing Crypt...