With stablekwon's arrest in Montenegro, the political mood may finally be thawing in Seoul. But even if not, the next bull run could be all that it takes to give an extra push to an already vibrant market. It ranks No. 4 on the CryptoHubs2023 ranking
in September that there were nearly seven million registered crypto users in Korea. That’s roughly 14% of the total population.
It’s not surprising that such a powerful retail market would help vault Seoul onto a list of global crypto hubs. But Seoul is appealing in plenty of other ways: It’s a fast-paced and entrepreneurial city in an often fast-paced and entrepreneurial region. It’s no secret that Asia’s prominence in crypto is on the rise, especially after regulatory crackdowns in the United States.Members of South Korea’s crypto community explained Seoul’s appeal in a few ways. One was an openness to experimentation.
It certainly doesn’t hurt to have good Internet connectivity and a relatively mobile-savvy population. Literally nearly all South Koreans –
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