South Korean crypto exchange users hit 16M in ‘saturation point’

From Cointelegraph

March 31, 2025 2:05:00 am:

South Korea’s crypto exchange users surpassed 16 million following Trump’s election win. Data from top five exchanges show over 30% of the population are involved. Officials predict 20 million users by year-end, with $70.3 billion in assets. In comparison, stock market investors in Korea total 14.1 million.

Officials in South Korea disclosed holding $9.8 million in crypto assets. The highest disclosed amount was $1.2 million. Meanwhile, the Financial Intelligence Unit blocked 17 unregistered platforms on Google Play. Crypto use is growing rapidly in the country, with officials and the public investing in digital assets.

Read more at Cointelegraph: South Korean crypto exchange users hit 16M in ‘saturation point’