[Net Increase in Listings on South Korea's Top 5 Crypto Exchanges Drops by Approximately 74% Year-on-Year] According to a report by Jinse Finance on July 5, citing EToday, the pace of new listings on South Korea's domestic crypto exchanges has significantly slowed in the first half of the year, with an increase in delistings of low-liquidity and problematic tokens. EToday analyzed data from the five major exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—and reported that the net increase in trading support (new listings minus delistings) for the first half of this year was 49, a decline of approximately 74% compared to 191 during the same period last year. The number of new trading supports decreased by 44% year-on-year, while the number of trading support terminations increased by 258% year-on-year. The report noted that as trading volumes decline and fee revenues come under pressure, the competitive focus of South Korean exchanges is shifting from listing expansion to liquidity management, token scrutiny, and responses to institutional regulatory measures.