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<ul class="news-points">
 <li><strong>Retail investors drive South Korea’s rise in global crypto market</strong></li>
 <li><strong>A young demography reshaping South Korea’s crypto landscape</strong></li>
 <li><strong>Upcoming regulations signal proactive approach to crypto oversight</strong></li>
</ul>
<p>In a recent Bloomberg Crypto report, South Korean retail investors are credited with fueling the surge in local digital asset exchanges, predating the global crypto boom that pushed prices to record highs earlier in 2024.&nbsp;</p>
<p>The Korea Financial Intelligence Unit (<a href="https://coinedition.com/kofiu-protects-users-against-16-illegal-cryptocurrency-exchanges/" rel="noopener noreferrer nofollow">KOFIU</a>) revealed a significant uptick in crypto participation, with active users on registered exchanges surging by 390,000 to 6.45 million by year-end 2023.</p>
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   <p lang="en" dir="ltr">South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto bull market <a href="https://t.co/ZUMDYehoAD" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ZUMDYehoAD</a></p>— Bloomberg Crypto (@crypto) <a href="https://twitter.com/crypto/status/1790860085339529409?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 15, 2024</a>
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<p>This surge in activity is particularly noteworthy, representing over 10% of the country’s total population, according to <a href="https://www.bloomberg.com/news/articles/2024-05-15/frenzied-south-korea-crypto-trading-set-stage-for-bitcoin-record?utm_content=crypto&amp;utm_medium=social&amp;utm_source=twitter&amp;utm_campaign=socialflow-organic" target="_blank" rel="noopener noreferrer nofollow">reports</a>. The majority of these investors, categorized as “individual” investors, fall within the 30-40 age range, comprising nearly 60%.</p>
<p>Daily average crypto trading volume in South Korea also witnessed a substantial increase of…</p>
<p>The post <a href="https://coinedition.com/youthful-demography-fuels-south-koreas-crypto-boom/" rel="noopener noreferrer nofollow">Youthful Demography Fuels South Korea’s Crypto Boom</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Youthful Demography Fuels South Korea’s Crypto Boom

Coin Edition

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