Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population — for the first time, reflecting their lofty aspirations for US President-elect Donald J. Trump’s crypto push.
Bank of Korea data showed that Korea was home to 15.59 million retail cryptocurrency investors as of the end of November, up 610,000 from a month earlier.
The figure is the total number of crypto investors with accounts in the country’s top five crypto exchanges: Upbit, Bithumb, Coinone, Korbit and Gopax.
After steadily increasing by about 100,000 per month since July, the number surged in November after crypto prices soared…
