South Korea See Cripto investors Top 16 Million: Report

According to the data filed in the tail. Cha Giu-Geun Rebonding Criptocurcencence Cryptocurrency South Korea reached 16.29 million from February.

This figure represents almost 32% of the country’s population. The data is compiled from the account on the first five domestic virtual assets for property – Upbit, Bithumb, Coinone, Corbit and Gopax – shows consistent growth during 2024. Years.

The number of crypto investors first surpassed 14 million in March 2024. years. After the election of Donald Trump in November, another 500,000 people entered the market, pushing a total of 15 million.

Experts for the industry project a constant expansion, and some popup that the number of cryptocurnancy investors will come to 20 million soon. “Some believe that the crypto market has reached the point of saturation, but there is still an endless increase in growth compared to the matured market market,” said industry official Korea Herald.

20% of South Korea officials own crypto

According to a Recent report From local media Munva, 20 percent of South Korean public officials submitted by the Declarations of Property reported to the cryptocurrency of ownership. Of the 2,047 officials submitted by declarations, 411 discovered direct funds or investments of cryptocurries.

These crypto-holding officials include high government officials such as the Secretary General of Labor Development Foundation, the president of the Korean National Police Police and the Vice President of the Korean Water Resources Corporation.

The total value of the cryptocurrency of the property declared 14.41 billion Korean won (approximately $ 9.8 million), with an average of 35.07 million won ($ 23,927) per official feature.

The city councilor Seula Kim Hie-Young reported the largest cryptocurrency funds. According to the Government’s public ethical committee, a public-presented report on Public Property held by the country’s civil servants at 2025. years, its property is worth 1.7 billion of blood.

The appropriate forecast for cryptocurrencens among government officials is potentially showing more understanding of the regulatory approach, although South Korea realized strict regulations on creptocurrency trading in recent years. This includes mandatory real name verification for accounts and comprehensive money laundering provisions.