What’s the ‘Kimchi Premium’ and Why Is South Korea Obsessed with Crypto?
Автор: The Daily Guardian
Загружено: 2024-11-18
Просмотров: 333
Описание:
The "Kimchi premium" refers to the higher price South Koreans pay for Bitcoin and other cryptocurrencies compared to global markets. Driven by local demand, currency controls, and anti-money laundering regulations, this phenomenon highlights South Korea’s crypto obsession, where nearly 15% of the population trades on local exchanges. The term gained prominence during the 2017 Bitcoin bull run and has since become a unique feature of the country’s vibrant crypto market.
#kimchi #kimchipremium #cryptocurrencies #southkorea #cryptomarket #trending #thedailyguardian
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