Svmuu News: South Korea’s retail cryptocurrency trading volume in the first quarter of this year reached $69 billion, ranking second globally, behind only the United States’ $212 billion. Data shows that South Korea’s cryptocurrency trading volume for the quarter fell 28% year-over-year, marking the sharpest decline among major global markets. By comparison, trading volume in the United States was $21.2 billion, in Russia $4.8 billion, in India $4.6 billion, and in Turkey $4.0 billion. Analysts note that the rise in South Korea’s stock market semiconductor sector has drawn a significant amount of retail investor capital. Additionally, the country’s Virtual Asset User Protection Act has tightened compliance requirements, limiting domestic exchanges to spot trading only, while overseas platforms offer a broader range of products, including derivatives and leverage. (koreatimes)