South Korean crypto market has grown extensively in the last few years
In February 2021, there were approximately 3 million users for South Korean cryptocurrency apps. The figures have increased by approximately 190 percent within five months, showing a rapid growth in cryptocurrency app usage within a short period of time. Bitcoin and other cryptocurrencies are currently not considered legal tender or financial assets in South Korea, yet the Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions)
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IGAWorks. (March 25, 2021). Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions) [Graph]. In Statista. Retrieved May 28, 2024, from https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/
IGAWorks. "Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions)." Chart. March 25, 2021. Statista. Accessed May 28, 2024. https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/
IGAWorks. (2021). Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions). Statista. Statista Inc.. Accessed: May 28, 2024. https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/
IGAWorks. "Number of South Korean Cryptocurrency App Users from October 2020 to February 2021 (in Millions)." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/
IGAWorks, Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions) Statista, https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/ (last visited May 28, 2024)
Number of South Korean cryptocurrency app users from October 2020 to February 2021 (in millions) [Graph], IGAWorks, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1224564/south-korea-cryptocurrency-app-users/