ChosunBiz reported that the net inflow of assets into domestic virtual asset exchanges has halved compared to a year ago. The net outflow of assets to overseas exchanges has also nearly doubled in a year. This is analyzed to be due to the impact of virtual asset taxation, which is scheduled to begin next January. On the 23rd, Rep. Park Soo-young of the People Power Party, a member of the National Assembly's Finance and Economy Committee, analyzed data from the top 5 domestic coin exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax), revealing that the net inflow of assets into these five exchanges from January to August this year only reached 2.05 trillion won. This is a 56.8% decrease compared to the 4.74 trillion won that flowed in during the same period last year. On the other hand, assets that flowed out to overseas exchanges increased significantly. According to Rep. Park's analysis of data from two exchanges, Korbit and Gopax, the net outflow to overseas exchanges from January to August this year was 480.2 billion won, a significant increase from 275.7 billion won during the same period last year.
