According to Rep. Cha Gyu-geun, South Korea’s cryptocurrency investor base has expanded significantly, now constituting over 30% of the population, with potential for further growth.
As of March 2024, South Korea's cryptocurrency investors have reached 16.29 million, accounting for approximately 32% of the population. This growth follows a surge in interest post-U.S. elections, with experts predicting the number could soon hit 20 million. Additionally, a report reveals that 20% of South Korean public officials own cryptocurrency, indicating a potential shift in regulatory attitudes despite existing strict regulations.