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New Report Spotlights South Korea’s Growing Importance on Global Crypto Stage

From coinjournal.net

South Korea is already a key player on the global cryptocurrency stage but a new report by blockchain intelligence startup Cindicator suggests that this is only the beginning. South Koreans are estimated to account for 30% of all cryptocurrency trading in the world and about 30% of locals are said to have invested in them. That figure could be as high as 50% among white-collared professionals. Steve Lim, CSO of South Korean crypto exchange Coinone, told Forbes in an interview last year that “people were crazed over it.” “Grandpas and grandmas come to our office lobby and say they want to put [in] half a billion won ... (full story)

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