South Korean Central Bank: 20% of Adults Eager to Buy Cryptos

South Korean Central Bank: 20% of Adults Eager to Buy Cryptos

The recent survey, conducted by the central bank of South Korea, has shown that over 20% of majors are enthusiastic about piling into cyber assets.

Such an interest is crucial in South Korea, where the government took a hardline stance on virtual money since the end of 2017, prohibiting anonymous accounts for crypto-trading and more.

Moreover, the South Korean market of digital coins is considered to be among the largest in the world, so such vibes cannot be neglected.

How Many of South Koreans Are Familiar With Bitcoin And Its Ilks?

According to the survey, carried out by the Bank of Korea, South Koreans between 20 and 30 years old are widely acquainted with cyber money and are even eager to pile into them. This is the data reported by The Korea Times this week, referring to Yonhap.

In the poll, there took part 2,511 people, over 21% out of which claimed they are aware of digital money. In particular, among those, who are in their 20s, there are almost 30%, and among respondents, who are in their 30s, there are 40%.

Notably, there are even people above 60 years old, who are conscious about cryptos. However, there are only about 6% of them. At the same time, slightly over 2% of South Korean respondents, who have already turned 70 years old, claimed to be familiar with bitcoin and its brethren.

How Many Of South Koreans Are Eager To Invest in Cryptos?

As per the survey, there are 24% and 20% of South Korean young adults aged 20+ and 30+ respectively, who are not just aware of cyber-coins, but who also are highly interested in investing in them.

Senior adults also have the desire to pile into cryptos. Particularly, nearly 7% of respondents aged between 60 and 69 years old are eager to step into the world of crypto-investment, as well as over 8% of people aged 70-79 years old with respective interests.

What To Expect From A Cryptocurrency Market In 2020
Crypto market has always been a good target for speculation, shady schemes, and "bad guys". It's also very controversial, especially for financial...
Influence of Recent Cryptocurrency Boom: Does It Still Hurt?
Crypto Exchange Gate.io Agrees With Reports Showing 51% Attack On Ethereum Classic Bitcoin is a decentralized digital currency (also known as...
Cryptocurrency Exchange Security Levels
The growing interest in cryptocurrencies has led to the emergence of a wide selection of both digital money and the sites where you can exchange one...
Belarusbank Considers Setting Up Crypto Exchange
Last year March Belarus introduced a decree by which it legalized cryptos and some activities related to them. This made Belarus a frontrunner in the...
Nasdaq CEO Believes Cryptos Have Place in Future in Economy
Almost two months ago Nasdaq’s representative Joseph Christinat confirmed the rumours that in 2019 the American stock exchange might launch BTC...
Report: Leaders of South Korean Crypto Exchange Komid Face Jail After Fraud
This week the Asian crypto-market has been rich in the news. Earlier it was reported that Japan finally approved Coincheck’s official status as cyber...
Crypto-Expert Brian Kelly Says 2019 Will Bring No Approval to BTC ETF
For the past year, various ETF-projects have been failing to receive the green light from American regulators. And despite the bullish ambitions of...
Ethereum Classic 51% Attacker Reportedly Returned $100,000 to Exchange
Cyber money exchange Gate.io has informed the general public about the return of previously stolen $100,000 worth Ethereum Classic units. According...
Approved Coincheck & Scrutiny on DLT: Japan and China Move in Different Directions
Asian countries seem to go in different directions when it comes to the regulation of cryptos and blockchain. Two Asian tigers — Japan and China...
Tokenized Shares of Apple, Tesla and Netflix to be on Crypto-Exchange
A new trading platform will soon be launched by an Estonian regulated exchange DX.Exchange. The company will mock the mechanisms that the American...