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‘Only 1% of Super-Rich South Koreans’ Willing to Invest in Crypto – Survey
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Crypto investment has hit sky-high levels in South Korea this year, with trading volumes at most exchanges breaking all sorts of records, leaving stock market volumes in the dust behind. The issue of crypto has even infiltrated mainstream politics, where it could set to determine the result of next year’s presidential elections.
But despite the fact that candidates are resorting to manifesto pledges as ambitious as possible free token giveaways, the nation’s super-rich are still shying away from coins like bitcoin (BTC) – in favor of traditional markets like the stock exchange.
Per the Munhwa Ilbo and EToday, the findings were published in a report by the KB Financial Group (the operator of Kookmin Bank), which quizzed 400 South Koreans with
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