According to a study by Hana Financial Group, more than 25% of adults in South Korea aged 20 to 50 own cryptocurrencies, indicating rising interest in this market.
Overview of Cryptocurrency Ownership
Hana Financial Group's research highlights that over 25% of South Koreans aged 20 to 50 own cryptocurrencies. This indicates a significant shift in the perception of cryptocurrencies and their role in the financial market.
Market Trends and Investment Insights
The report shows that 70% of respondents plan to expand their cryptocurrency investments, indicating a growing trend in long-term investments. Major exchanges such as Upbit and Bithumb are crucial in driving this segment's growth.
Impact on South Korea's Financial System
With the rise in trading volume and increasing interest from institutional investors, the Korean won ranks second in the world for cryptocurrency transactions. This shift facilitates the development of a more mature and confident market in South Korea.
Experts predict that further growth in cryptocurrency investments in South Korea could significantly influence liquidity and price levels in global markets.
