South Korea sees crypto investors top 16 million: report
According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea’s cryptocurrency investors reached 16.29 million as of February.
This figure represents nearly 32% of the country’s population. The data, compiled from accounts at the country’s top five domestic virtual asset exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – shows consistent growth throughout 2024.
The number of crypto investors first surpassed 14 million in March 2024. Following Donald Trump’s election as U.S. President in November, another 500,000 people entered the market, pushing the total beyond 15 million.
Industry experts are projecting continued expansion, with some anticipating that the number…
