South Korea sees significant growth in cryptocurrency investments and trading volume

A report from the Financial Services Commission of South Korea reveals that the number of cryptocurrency investors in the country reached 7.78 million in the first half of 2024, marking a 21% increase from 6.45 million in the second half of 2023.

During the same period, the average daily trading volume of cryptocurrencies surged by 67%, rising from 3.6 trillion KRW to 6 trillion KRW. Additionally, the total market value of cryptocurrencies in South Korea grew by 27%, reaching 55.3 trillion KRW.

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