Crypto boom in South Korea, number of investors surpasses stock market
Cryptocurrency is becoming increasingly popular in South Korea as the number of crypto investors has reached 16 million, accounting for about 30% of the population, surpassing the 14.1 million stock market investors. According to experts, this trend may continue to grow significantly, with forecasts suggesting that the number of users on the platform #crypto could reach 20 million by the end of this year.
Not only popular among the public, crypto also attracts interest from civil servants. According to a survey, 20% of South Korean civil servants admit to owning cryptocurrency with a total value of nearly 10 million USD. This indicates a growing recognition of crypto as a mainstream investment asset in this country.
With strong growth momentum, South Korea is becoming one of the most vibrant cryptocurrency markets in the world, opening up many development opportunities for the blockchain and crypto industry in the near future.