How many crypto owners in South Korea?

It is estimated that over 3.2 million people, 6.3% of South Korea’s total population, currently own cryptocurrency.⁽¹⁾

South Korea – Asia’s crypto hub?

Bitcoin peer-to-peer trading activity in South Korea reached record highs of $218 million Korean Won in 2019. In addition, South Korea is home to crypto exchange giants like Upbit, BitHumb and CoinOne.⁽²⁾

Are South Koreans open to crypto?

The average South Korean trader increased their crypto holdings by 64.2% in 2018, investing more than $6000 on average, a two-fold increase from the last survey.⁽³⁾

Crypto adoption across South Korea:

• “South Korea passes bill to regulate cryptocurrency…”
  The passing of the amendment signifies the official entry of cryptocurrency trading and holding into the legal system for South Korea.
• “South Korea’s digital won begins final phase next year…”
  Distribution is the third and final phase of the program and would seem to be on schedule with the roadmap presented at the scheme’s launch.
• “South Korea declares ‘regulation-free’ zone for crypto…”
  Busan has been declared a “regulation-free” zone for blockchain development, a move formalized as part of a larger liberalization push.
• “This popular Korean beach will accept crypto payments…”
  Crypto-loaded tourists can now spend it at the beaches of South Korea.
• “Four of the top five South Korean banks to offer crypto…”
  The banks, holding a combined value of more than $1.2 trillion in assets, are now poised to introduce crypto services.