Over 3,700 Individuals Hold Assets Valued at Over $740,000 in Korea
South Korea’s Crypto Wealth Revealed:
A recent report from major virtual asset exchanges Upbit and Bithumb has shed light on the significant wealth present in South Korea’s cryptocurrency market. Last year, a total of 3,759 individuals held high-value accounts, with each holding more than 1 billion won (approximately $750,000) worth of crypto assets.
The data was released in the “Virtual Asset Holding Status” report submitted by Democratic Party member Ahn Do-geol to the National Assembly’s Planning and Finance Committee, providing valuable insights into the country’s burgeoning cryptocurrency scene.
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