Bitcoin Forum
May 25, 2019, 10:29:29 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-1-5] South Korean cryptocurrency market up despite regulations  (Read 22 times)
DowBit
Full Member
***
Offline Offline

Activity: 210
Merit: 101


View Profile WWW
January 05, 2018, 02:42:45 PM
 #1

South Korean government officials have published data on cryptocurrency deposits on the country’s stock exchange. Koreans have so far paid over 2 trillion won. The pace of growth is the most impressive. Stock exchanges report sixty-four times more deposits than in 2016. Although the previous years were excellent, growth has never been so impressive.

The popularity of Bitcoin in South Korea is impressive. It’s no wonder that the stock exchanges there are some of the most active in terms of turnover and that discussions about the future of BTC can stir up local communities.

more:https://dowbit.com/korean-cryptocurrency-market-regulations/

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558823369
Hero Member
*
Offline Offline

Posts: 1558823369

View Profile Personal Message (Offline)

Ignore
1558823369
Reply with quote  #2

1558823369
Report to moderator
veleten
Legendary
*
Offline Offline

Activity: 1596
Merit: 1057



View Profile
January 07, 2018, 07:35:00 AM
 #2

South Korean government officials have published data on cryptocurrency deposits on the country’s stock exchange. Koreans have so far paid over 2 trillion won. The pace of growth is the most impressive. Stock exchanges report sixty-four times more deposits than in 2016. Although the previous years were excellent, growth has never been so impressive.

The popularity of Bitcoin in South Korea is impressive. It’s no wonder that the stock exchanges there are some of the most active in terms of turnover and that discussions about the future of BTC can stir up local communities.

more:https://dowbit.com/korean-cryptocurrency-market-regulations/

the total amount of deposits in 2014 was 2.5 billion won  and it was 9 billion won in 2015
deposits increased almost 65x times in 2017,reaching 2 trillion won
this is almost an exact figure that Samsung Pay hit in 2016 http://www.zdnet.com/article/samsung-pay-hits-2-trillion-won-in-south-korea/
only 2 bil usd is not much compared to the industrial giants such as Samsung and their payment system
hence there must be a great deal of growing for the crypto related businesses such as exchanges in 2018
maybe not another 60+ times growth,but a healthy  growth could well be a possibility

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!