news 
South Korea Sees Crypto Boom: Over 30% of Population Joins Top Exchanges
In a remarkable turn of events, South Korea has witnessed a surge in crypto adoption, with an astonishing over 30% of the population joining top exchanges. By the end of November, a staggering 15.59 million individuals held accounts on the country’s leading platforms, including Upbit, Bithumb, Coinone, Korbit, and GOPAX.
This unprecedented growth coincides with increased market activity triggered by U.S. President-elect Donald Trump’s pro-crypto policy statements. The report from the Bank of Korea, prepared under the Virtual Asset User Protection Act, highlights the significant participation of South Koreans in the digital asset market.
Bitcoin prices have reflected this enthusiasm, climbing from 105 million won in late October to a remarkable 135.8 million won by November. This upward trend underscores South Korea’s rising influence in the global cryptocurrency landscape.
The phenomenal growth seen in South Korea is expected to continue its upward trajectory as more people become aware of the potential benefits and opportunities that cryptocurrencies offer.
Source: coinpedia.org
