South Korea Election Boosts Cryptocurrency Market Forecast

The upcoming presidential election in South Korea is likely to favor pro-cryptocurrency policies, as candidates leading in polls have committed to expanding digital asset services and relaxing regulatory constraints. This political stance could significantly boost demand for crypto wallets within the country. Presently, about a third of South Koreans engage with crypto markets, and projections indicate that the wallet market might grow from $11.52 billion to an estimated $32.8 billion by 2030, reflecting strong growth potential.