According to News1 Korea: A recent study shows that GenZ cryptocurrency investors in South Korea are more interested in investing in altcoins, particularly Ripple (XRP), than in Bitcoin (BTC) and Ethereum (ETH). The analysis was based on Bithumb's investment data from the first half of the year, focusing on investment propensity by age. The results indicated that investors in their 20s displayed a more aggressive investment tendency compared to other age groups. Furthermore, GenZ investors had a higher proportion of investments in altcoins other than BTC and ETH, which were considered both long-term and stable investments due to their relatively low volatility in the study. The report revealed that 82.5% of investors in their 20s invested in altcoins excluding ETH, with XPR being the most popular choice among GenZ investors, as 20.7% held the digital asset. In contrast, the study found that the age group with the highest percentage of BTC and ETH investments were investors in their 30s. These findings come as Ripple continues to face scrutiny and a lawsuit from regulators in the United States, with a legal expert estimating that the conditions surrounding the altcoin have cost it three years of adoption. Meanwhile, South Korea has been tightening its grip on crypto activity, with authorities in the city of Cheongju planning to seize crypto from thousands of users who have evaded local taxes, and the CEO of the crypto exchange Bitsonic being arrested for allegedly stealing $7.5 million in user funds. Additionally, on July 26, the country strengthened crypto regulation by creating an interagency investigation unit aimed at combating crypto-related crimes, citing a rise in illicit activities in the crypto market and the need for investor protection.