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As 2024 comes to a close, South Korea sees a historic surge in digital asset investors, with 15.59 million people—approximately 30% of the population—actively participating in cryptocurrency trading.
📊 Key Highlights:
Investor Growth: An increase of 610,000 new investors in just one month (October to November).
Daily Trading Volume:
Crypto Exchanges: 14.9 trillion KRW ($10.5 billion).
Stock Markets Combined: 16.89 trillion KRW (KOSPI + KOSDAQ).
Digital Asset Holdings:
November 2024: 102.6 trillion KRW ($70.3 billion).
October 2024: 58 trillion KRW ($39.7 billion).#crypto
Exchange Deposits:
November: 8.8 trillion KRW ($6.03 billion).
October: 4.7 trillion KRW ($3.2 billion).
🛡️ Government’s Role:
Representative Lim Gwang-hyun of the Democratic Party emphasized the urgency for the government to:
Establish a secure trading environment.
Protect investor rights.
Stabilize the market to align with the rapidly growing crypto sector, now comparable in scale to traditional stock markets.
This monumental growth underscores South Korea's position as a global leader in cryptocurrency adoption and trading.#SouthKorea #TrendingTopic #Binance #news $BTC