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South Korea’s Crypto Demand Ranks Among the World’s Highest, but Institutional and Cross-Border Curbs Weigh on Competitiveness

South Korea’s Crypto Demand Ranks Among the World’s Highest, but Institutional and Cross-Border Curbs Weigh on Competitiveness

  • South Korea’s crypto market ranks among the world’s leaders in crypto demand and spot trading volume.
  • South Korea’s global crypto competitiveness remains weak because of institutional limits including regulation and accessibility and cross-border openness.
  • Whether South Korea broadens access for institutional investors and expands cross-border openness is expected to determine the competitiveness of its domestic crypto market.

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South Korea’s cryptocurrency market has remained among the world’s leaders in trading demand, but institutional limits including restricted access for companies and weak cross-border openness have left the country near the bottom of global…

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