South Korean Crypto Remittance Surge 380%, Outpacing Bank Remittance Growth of 20%
Cross-border cryptocurrency transfers through South Korea’s exchanges have expanded nearly fivefold in three years, outpacing growth in traditional bank remittances. Data from lawmaker Kim Sang-hoon’s office showed overseas exchange transfers rising from 34.02 trillion won in 2022 to 163.55 trillion won in 2025. The 380% increase contrasts with the 20% growth recorded by the country’s […]
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