Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings
Main Idea
A survey by the Hana Financial Research Institute reveals that 70% of South Koreans want to increase their cryptocurrency holdings, with individuals in their 40s being the largest group of current holders.
Key Points
1. 27% of the surveyed individuals already hold digital assets.
2. Individuals in their 40s account for 31% of current crypto holders.
3. Younger investors tend to lean toward speculative investments.
4. There is growing support for legalizing investor participation in Korea’s crypto market.
5. Firms with a minimum equity capital of 500 million Korean won (approximately $367,000) are being considered for regulatory clarity.
Description
South Korean interest in digital assets is on the rise, with a significant number of retail investors planning to increase their crypto exposure over the coming year. A recent survey conducted by the Hana Financial Research Institute polled 1,000 individuals aged 20 to 59, revealing that while 27% already hold digital assets, 70% of respondents, and 86% of current holders, intend to expand their crypto investments . The findings come as the country’s political leadership signals a regulatory shi...
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