Crypto Grows Up: Koreans Shift From Speculation to Strategy

Key Points

1. 27% of surveyed Korean financial consumers aged 20-50 own virtual assets, which make up 14% of their total financial assets.

2. 70% of investors expressed willingness to further invest in digital assets, with 6 out of 10 specifically including BTC in their portfolios.

3. 53% of investors view cryptocurrencies as legitimate portfolio assets for retirement or long-term wealth accumulation.

4. 79% invest to 'raise a large sum of money,' while 40% do so for retirement preparation, outweighing reasons like 'fashion and fun.'

5. Investors face hurdles such as banking restrictions (56% cite volatility, 61% cite exchange and fraud risks), but adoption could rise if banks eased restrictions or regulations strengthened.