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Russia is the fourth most impacted by FTX collapse
South Korea, Singapore and Japan are the most impacted by FTX's collapse, with a combined 15.7% traffic share to FTX.сom, CoinGecko calculated (https://www.coingecko.com/research/publications/countries-impacted-ftx-collapse), based on monthly unique visitors and traffic share by country from January to October 2022.
The FTX fallout has propelled South Korean government officials to draft the Digital Asset Basic Act, a comprehensive regulatory framework that is expected to be finalized next year.
Russia is the fourth most impacted country, accounting for 4.1% of FTX.сom traffic worldwide. In actual figures, this represents 197,607 monthly average unique users.
Yet, since the FTX collapse, Binance and OKX have increased market share. As of November 13, Binance benefited from a 7% increase in market share and now dominates with 64% market share of the top 10 crypto exchanges. OKX's market share went from 11.9% to 13% (1.1%). #RussianMarket
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