In the country’s stock market, the number of investors has decreased to 14.1 million. This means that about 32% of the population invests in cryptocurrencies. In order to exclude the error of re -accounting, crypto -investors who have accounts on several crypto platforms were counted only once, the parliamentarian explained.
Chai Gyu Gyn said that the growth of the number of South Korean crypto -investors began to be recorded in March 2024. Over the past year, their number has increased by more than 2 million registration peaks in November when Donald Trump was elected US president. For a short period of time, then more than 500 thousand users were registered.
The three leaders in the number of customers are headed by the UPBIT exchange, where 9.2 million users are registered, it is followed by Coinone from 3.2 million and BitHumb with 2.36 million.
Men aged 30–40 years account for about 40% of all investors. At the same time, women over 50 years old are actively involved in cryptoinvestments, especially those who own large capital.
Most, 12.1 million people (83.1%), hold cryptoactives worth less than 1 million won ($ 680), and 160 thousand investors own assets for more than 100 million won ($ 68,000).
Earlier, the financial intelligence unit of South Korea announced the beginning of the investigation of the activities of the cryptocurrency exchanges of Kucoin and Bitmex due to the lack of registration as suppliers of virtual asset services (VASP).
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.