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Crypto Goes Mainstream in South Korea, Especially for Gen X

2025-06-30 16:48:54

Crypto Goes Mainstream in South Korea, Especially for Gen X

Main Idea

Cryptocurrency adoption is growing in South Korea, particularly among Generation X, with 27% of people aged 20-50 holding crypto, and Bitcoin being the most common asset in portfolios.

Key Points

1. 27% of South Koreans aged 20-50 hold cryptocurrency, with Bitcoin being the most prevalent in their portfolios.

2. People in their 40s are the most involved, with 31% owning crypto, followed by 28% in their 30s and 25% in their 50s.

3. 78% of investors in their 50s reported investing for long-term goals, with 42% stating that stronger bank involvement would increase their confidence.

4. More users are buying crypto regularly, with the group growing from 10% to 34%, and mid-term holding periods increasing from 26% to 47%.

5. Six out of ten crypto investors include Bitcoin in their portfolio, and as users gain experience, they tend to diversify their holdings.

Description

A new report from the Hana Institute of Finance has shown that digital assets have become a common part of personal finances in South Korea .

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