News1 reported that the number of coin types circulated on domestic virtual asset exchanges has turned to a decline for the first time in two years. In particular, so-called 'single-listed' virtual assets, which are traded on only one exchange, decreased by more than 20% in half a year. According to the survey on virtual asset service providers released by the Financial Intelligence Unit (FIU) of the Financial Services Commission on the 1st, the number of virtual assets circulated domestically in the first half of this year, excluding duplicates, was 673. This is a decrease of 39 types (5.5%) compared to 712 types in the second half of last year. The most notable decrease was in single-listed virtual assets. They decreased by 62 types (20.9%) from 296 types in the second half of last year to 234 types in the first half of this year. On the other hand, virtual assets listed on two or more exchanges actually increased. They increased by 23 types (5.5%) from 416 types to 439 types during the same period. An industry official said, "Single listings require exchanges to bear the burden from securing liquidity to protecting users from sudden price changes," adding, "There is a preference for listing coins that are already traded on other exchanges and have confirmed market demand."
