South Korea is seeing a crypto boom, with over 30% of its population now holding digital assets. By the end of November, the number of crypto holders reached 15.59 million, according to Yonhap News. This surge coincides with Donald Trump's victory in the US elections, which many believe could lead to more favorable crypto regulations.

The Financial Services Commission's new Virtual Asset User Protection Act has also played a role, ensuring better protection for users. South Koreans now hold around $70.3 billion in crypto, with trading volumes rivaling the local stock market.