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Crypto Exodus: 160 Trillion Won Leaves Korea
From reports.tiger-research.com
Korea holds a unique position in the global cryptocurrency market. Over 10 million people invest in crypto. This represents roughly 20% of the entire population and nearly matches the 14 million domestic stock investors. Trading volume reflects this massive participation. According to crypto data analytics firm Kaiko, Korean won-based trading volume rivals the U.S. dollar among global fiat currencies. It sometimes even surpasses it. This is an exceptional figure for a single national currency. This investment fervor has fueled rapid growth in the domestic exchange industry. Upbit and Bithumb now generate revenues in ... (full story)
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