From Cointelegraph
June 20, 2025 09:16:00 AM:

Cryptocurrency use in South Korea has surged, with over 16 million users representing over 30% of the population. However, the trend is driven more by financial desperation than enthusiasm for blockchain technology, according to experts. President Lee Jae-myung is pushing for institutional crypto integration, including issuing stablecoins. Youth unemployment in South Korea is high at 6.6%, leading many young people to turn to crypto trading due to unaffordable housing and lackluster stock market returns. The median Seoul apartment price has doubled in five years, making real estate investment unattainable for many.

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