https://ethmrc.com/tags/south-korea/Recent content in South Korea on Ethereum Market Research CenterHugoen-usTue, 09 Dec 2025 22:41:11 +0000https://ethmrc.com/unpacking-the-state-of-ethereum-in-south-korea/Tue, 09 Dec 2025 22:41:11 +0000https://ethmrc.com/unpacking-the-state-of-ethereum-in-south-korea/<p>This report provides a comprehensive analysis of Ethereum’s development, usage patterns, and regulatory environment in South Korea as of 2025. Despite having one of the world’s most active retail crypto markets—with roughly <strong>25% of adults holding digital assets</strong>—South Korea’s Ethereum market is dominated by centralized exchanges such as <strong>Upbit and Bithumb</strong>, which together account for more than 95% of trading volume. Onchain activity remains limited due to restrictive regulations, whitelist-style compliance requirements, and a cultural preference for short-term speculative trading. Most ETH holders access staking and DeFi indirectly through CEXs rather than interacting directly with Ethereum’s onchain economy.</p>