South Korea Sees Surge in Cryptocurrency Investment
- 16.29 million South Koreans have opened accounts on the top five domestic crypto exchanges.
- The country’s population is nearly 52 million, with almost one-third investing in digital assets.
- 14 million crypto investors were recorded in March 2024.
- Over 500,000 new investors joined in November, coinciding with Donald Trump’s US presidential election win.
- A pilot program allowing corporate crypto transactions will launch in the second half of 2025.
As of late February, nearly one-third of South Korea’s population has invested in cryptocurrency, with over 16 million accounts opened on major exchanges. The country plans to initiate a corporate crypto transaction pilot program by mid-2025.
Source (2.6)https://dailyhodl.com/2025/04/01/crypto-adoption-explodes-in-south-korea-as-number-of-investors-rises-to-16290000-report/?rand=59076