South Korea's Central Bank: Over 30% of South Koreans Own Cryptocurrency

BlockBeats News, December 27th. The Bank of Korea released a report based on the number of investors with accounts on the top five South Korean exchanges, including Upbit, Bithumb, Coin One, Cobit, and Gopax, stating that as of November this year, the number of people holding cryptocurrency on South Korean exchanges exceeded 15.59 million, an increase of 610,000 people from October's 14.98 million.

Currently, the estimated total population of South Korea is around 51.23 million. This means that the number of people holding cryptocurrency is equivalent to over 30% of the total population.

The report stated that the number of South Korean cryptocurrency investors has been continuously increasing, with a sharp rise in November. This may be a result of the highly optimistic market sentiment following the victory of U.S. President-elect Trump in early November. (Jinse)