Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Authorium Appoints Alexis Bonnell to Board of Directors

July 9, 2025

Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

July 9, 2025

SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

July 9, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    $26,501,817,432 in Bitcoin Gobbled Up by Public Companies and Exchange-Traded Funds in Q2 of 2025, According to Analyst

    July 8, 2025

    IShares BTC ETF Bitcoin Holdings Surge Past 700K in Record-Breaking Run

    July 8, 2025

    U.S. Court Brings Coin Center’s Tornado Cash Appeal To A Close

    July 8, 2025

    Institutional Interest Could Fuel Bitcoin, Ethereum, and XRP Growth This Week 

    July 8, 2025

    Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

    July 8, 2025

    What’s next for Bitcoin, Ethereum, and altcoins in the second half of 2025

    July 8, 2025

    Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

    July 8, 2025

    Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

    July 8, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025

    Bitcoin miners stock up, BTC slows: History points to what’s coming next

    July 8, 2025

    XRP’s Price History Raises New Questions About Market Manipulation

    July 8, 2025

    Celestia’s 26% weekly rally can continue: Will TIA surge toward $2.26?

    July 8, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025
  • DeFi

    Pump.fun eyes EVM expansion amid Bonk.fun rivalry

    July 8, 2025

    Fartcoin faces pullback, Floki holds gains, SHIB momentum lags

    July 8, 2025

    Trump administration set to deliver first major crypto policy report 

    July 8, 2025

    Kuru Labs’ $11.6m round sets stage for the ultimate DEX experiment

    July 8, 2025

    SUSHI price turns bullish as SushiSwap team teases major reveal

    July 7, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    AI Company CoreWeave Will Buy Bitcoin Mining Giant Core Scientific for $9 Billion

    July 8, 2025

    HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

    July 8, 2025

    Trump Calls Elon Musk A Train Wreck as Political Rift Deepens

    July 8, 2025

    North Korean Hackers Target Crypto Firms with Novel macOS Malware

    July 3, 2025

    Crypto firms paid $2.7M monthly to North Korean workers

    July 3, 2025

    International Taskforce Dismantles €460m Crypto Fraud Network

    July 1, 2025

    Bybit and North Korean hackers headline $2.1 billion crypto hacks in H1

    June 27, 2025

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Valworx Launches New Line of Actuators – Pneumatic/Manual Combination Actuator

    July 8, 2025

    Ricardo Salinas Accused of Orchestrating Fraudulent Delisting of Grupo Elektra to Conceal Financial Irregularities

    July 8, 2025

    BMNewswire Launches Next-Generation Press Release Distribution Platform for Modern Businesses

    July 8, 2025

    Could ‘Reaper Actual’ be the breakout crypto shooter?

    July 8, 2025

    ‘Off the Grid’ GUN Token Expanding From Avalanche to Solana—Here’s Why

    July 8, 2025

    Planetside Dev’s ‘Reaper Actual’, What’s Next for ‘MapleStory Universe’

    July 7, 2025

    FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership

    July 6, 2025

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    EU regulators probing Robinhood’s tokenized equity plans after OpenAI raises concerns

    July 8, 2025

    The US House Designates July 14-18 as “Crypto Week”

    July 8, 2025

    Strategy adds $21B in Bitcoin value during Q2 but faces $4B tax hit

    July 8, 2025

    Metaplanet wants to use Bitcoin as collateral to access bank financing

    July 8, 2025

    Bit Digital converts entire 280 BTC reserve to $172M worth of Ethereum

    July 8, 2025

    UAE debunks rumors of crypto-backed Golden Visa for TON investors

    July 7, 2025

    Elon Musk’s America Party embraces Bitcoin

    July 7, 2025

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025
  • Analysis

    Analyst Predicts Imminent All-Time Highs for Bitcoin, Sees One Memecoin Igniting BONK-Style Explosion

    July 8, 2025

    Why Crypto Market is Down Today? Trump Tariff Sparks 5% Crash

    July 8, 2025

    Key Factors Impacting Pi Network Price Today—Here’s What to Expect from the PI Price Rally

    July 8, 2025

    Analyst Eyes Astronomical Price Target for XRP, Says Investors Not Bullish Enough on Fourth-Largest Crypto Asset

    July 7, 2025

    Three-Year Bull Market for One Stock Sector Just Getting Started, According to Investor Dan Ives

    July 7, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Users Taunt Grok After xAI Says Modifications Were Made to Spit out ‘White Genocide’ Claim

    May 16, 2025

    More than 40 fake wallet extensions on browsers detected as malware threat

    July 3, 2025

    Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards

    July 2, 2025

    Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant

    July 2, 2025

    Satoshi Nakamoto address receives $20k from mystery wallet

    July 1, 2025

    Authorium Appoints Alexis Bonnell to Board of Directors

    July 9, 2025

    Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

    July 9, 2025

    SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

    July 9, 2025

    PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

    July 9, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Blockchain»Koreans HODLing Hit a Record $73.4B After Trump’s Crypto Push
Blockchain

Koreans HODLing Hit a Record $73.4B After Trump’s Crypto Push

April 22, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

South Koreans have been holding onto their crypto assets on domestic exchanges, with a total worth of approximately $73.4 billion, according to data from the Bank of Korea (BOK). This marks a significant increase from previous months, with the total market capitalization of crypto assets held in domestic wallets surpassing the 100 trillion won mark ($70.5 billion) in December 2024.

The surge in crypto holdings in South Korea can be attributed to several factors, including the election of Donald Trump as the President of the United States in November 2024. Experts believe that Trump’s crypto-related promises sparked a flurry of crypto purchases in the country, leading to a 2.2x increase in holdings from October to December 2024.

The BOK’s latest payment settlement report highlighted the significant growth in transaction volumes following the US presidential elections. The average daily transaction volume reached 17.2 trillion won ($12.1 billion) in the last days of 2024, marking a five-fold increase from October.

While Trump’s election played a significant role in driving crypto market growth, the BOK also noted that domestic conditions in South Korea contributed to the surge in crypto holdings. The implementation of the Virtual Asset User Protection Act in July, which aimed to enhance user protection and prevent unfair trading practices, laid the groundwork for the crypto market’s expansion.

However, political turmoil in the country, including President Yoon Suk-yeol’s attempt to impose martial law in December 2024, disrupted the progress of crypto sector reform. Despite the setbacks, regulators and lawmakers have pledged to revisit the issue after the presidential elections in June.

See also  AllScale raises $1.5M for stablecoin solutions for small businesses

The BOK anticipates further progress in crypto sector reform, including the launch of crypto assets and stablecoins on the domestic market. Regulatory obstacles preventing companies from using their balance sheets to purchase Bitcoin and other tokens are expected to be lifted in the coming months.

The BOK also highlighted the need for stablecoin regulations to address the potential negative impacts on central bank policies and financial stability. The bank pledged to actively participate in discussions on stablecoin legislation and collaborate with the Virtual Asset Committee to shape South Korean crypto policy.

Overall, South Koreans’ increasing crypto holdings reflect a growing interest in digital assets and a shifting regulatory landscape in the country. As the crypto market continues to evolve, stakeholders are working towards creating a more robust regulatory framework to support the industry’s growth.

73.4B Crypto Hit HODLing Koreans push record Trumps
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

July 9, 2025

SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

July 9, 2025

AI Company CoreWeave Will Buy Bitcoin Mining Giant Core Scientific for $9 Billion

July 8, 2025

Could ‘Reaper Actual’ be the breakout crypto shooter?

July 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Here’s the Impact on ETH Price

March 7, 2025

JUST (JST) Available on Kraken with $90,000 Reef Program Airdrop

April 2, 2025

Ethereum whales offload 684k tokens: How was ETH’s price affected?

May 31, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Authorium Appoints Alexis Bonnell to Board of Directors

July 9, 2025

Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B

July 9, 2025

SIFMA Urges SEC To Establish Clarity on Crypto Regulatory Approach

July 9, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.