South Korea Reports $60 Billion in Crypto Outflows in H2 2025
According to South Korea’s Financial Services Commission, outflows from local exchanges to overseas platforms and private wallets rose 14% in H2 2025 as accounts and deposits increased but exchange profitability declined.
Fact Check
The statement accurately reflects the findings of a report released by South Korea's Financial Services Commission (FSC) in March 2026. Multiple reputable news outlets (PANews, BlockBeats, The Block) have reported the exact figures: $60 billion in outflows for H2 2025, a 14% increase from H1, and the specific details regarding user growth versus declining profitability.
Summary
South Korea’s Financial Services Commission said crypto outflows from domestic exchanges to overseas platforms and private wallets reached about $60 billion in the second half of 2025, up 14% from the first half. By the end of 2025, exchange accounts rose 3% to 11.1 million and deposits climbed 31% to 8.1 trillion won. At the same time, operating profit at exchanges fell 38% to 380.7 billion won. The figures indicate rising participation and fund balances on local exchanges even as profitability weakened.
Terms & Concepts
- Private wallet: A crypto storage tool controlled by the user, allowing digital assets to be held outside centralized exchanges.
- Exchange outflows: Crypto assets moved off trading platforms, often to external exchanges or self-custody wallets.