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Nearly one-third of the South Korean population has reportedly invested in Bitcoin ( BTC ) and other digital assets. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reports that as of late February of this year, 16.29 million people have opened accounts on Upbit, Bithumb, Coinone, Korbit and Gopax, the country’s top five domestic crypto exchanges. South Koreans with accounts at multiple exchanges were reportedly only counted once to keep the data accurate. The country currently has an overall population of nearly 52 million. There were 14 million crypto investors in South Korea in March 2024, and more than 500,000 new investors in the country purchased crypto in November, the same month that Donald Trump won the US presidential election. Trump pivoted to crypto-supportive stances in the lead-up to the election last year. Industry officials predict that South Korea will soon be home to 20 million crypto investors. Says one official, “Some believe the crypto market has reached a saturation point, but there is still an endless possibility for growth compared with the matured stock market.” Banks in South Korea have reportedly been rushing to partner with crypto firms as the country’s digital asset regulations become less restrictive. In February, South Korea’s Financial Services Commission announced that the country would launch a pilot program in the second half of 2025 that allows 3,500 corporate entities to buy crypto for investment and financial purposes. Corporate crypto transactions have been banned in the country since 2017. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Adoption Explodes in South Korea As Number of Investors Rises to 16,290,000: Report appeared first on The Daily Hodl .
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Altcoins Bitcoin Trading crypto adoption News South Korea
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Bitcoin Reacts to Trump’s Major Tariff Announcement: 3.35% Drop Following Economic Shifts
On April 3rd, in a significant trade policy shift, President Trump unveiled a series of tariffs aimed at various countries, impacting global markets. The **U.S.** will implement a **46% tariff** The Daily Hodl
Rising Star Alert: Could MAGACOINFINANCE Hit $800K Before Bitcoin”s Next Run?
With Bitcoin (BTC) preparing for another strong move in 2025, traders are already placing bets on which altcoin could explode before it does. All signs are pointing toward MAGACOINFINANCE, a red-hot pre-sale that’s gaining attention fast. With its limited token supply and rising momentum, some analysts believe MAGACOINFINANCE could reach $800K in market cap before BTC’s next breakout. CURRENT PRICE – $0.0002704 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – ONLY 100 BILLION TOKENS AVAILABLE MAGACOINFINANCE has already raised over $4.5 million, attracting early investors who see this as more than just another altcoin. With only 100 billion tokens in total supply, a swelling community, and growing exchange rumors, this project is surging up crypto watchlists. ACT NOW – GET 50% EXTRA BONUS WITH CODE MAGA50X Exclusive Pre-Sale Opportunity With a current price of $0.0002704 and a confirmed listing target of $0.007, early buyers are targeting a projected 2,532% ROI. Add in promo code MAGA50X and claim a 50% EXTRA BONUS instantly—boosting your entry ahead of the next price wave. SOL, ETH, APT, and KAS: Still Performing in 2025 Solana (SOL) trades at $125.86, with continued expansion in NFTs and smart contract activity.Ethereum (ETH) holds at $3,218, maintaining its dominance in smart contract applications and Layer 2 innovation.Aptos (APT) sits at $5.30, growing its ecosystem through scalability and developer adoption.Kaspa (KAS) remains strong at $0.123, benefiting from its fast and secure proof-of-work protocol. ACT NOW – JOIN THE BIGGEST PRE-SALE IN HISTORY! Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Rising Star Alert: Could MAGACOINFINANCE Hit $800K Before Bitcoin”s Next Run? The Daily Hodl
