Behind South Korea’s Cryptocurrency Boom

Asia, and South Korea in particular, has been a substantial driver of volume in crypto investment. In China regulators have clamped down aggressively given substantial and potentially de-stabilizing participation from many retail investors, but South Korea has maintained more of a light touch so far. As a result, both retail investors and large companies have become heavily involved in crypto trading. It will be interesting to see how long regulators will continue to let crypto trading grow before imposing more regulation and taxes. 


Want to receive more content like this in your inbox?