Over 50% of South Koreans Own Cryptocurrency

A recent survey reveals a significant penetration of cryptocurrency ownership in South Korea, with over half of adults engaging in trading or holding digital assets. The Korea Financial Consumer Protection Foundation (KFCPF) conducted a nationwide poll across major metropolitan areas and found that 52% of respondents have traded or currently trade cryptocurrencies. This widespread adoption is supported by the Bank of Korea’s figures, indicating South Korean citizens hold over $73.4 billion in cryptocurrency on local exchanges.