Wemix debacle raises calls for swift institutionalization of

Wemix debacle raises calls for swift institutionalization of crypto market

The abrupt delisting of the once-popular Wemix coin has rekindled calls for authorities to take swift action to institutionalize Korea's crypto market. Wemix was issued by Korea's famous game publisher, Wemade, and its valuation soared to a record high of more than 25,000 won ($19) on Nov. 24, 2021. The coin then fell to around 3,000 won from July this year, following in the footsteps of other major cryptocurrencies.

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