Many foreign experts said Monday that South Korea is one of the important cryptocurrency markets worldwide. They noted significant progress in the South Korean cryptocurrency market.
In a panel discussion at the Grand Inter-Continental Hotel Seoul, south of the Han River, Thomas Lee, a leading New York-based cryptocurrency analyst, listed South Korea, the United States, and Japan as the three major global cryptocurrency markets.
The discussion was part of the Korea Block Chain Week events in South Korea.
He and other participants said the global cryptocurrency market has been passing through a mature stage after trials and errors.
They said South Korean chaebol, including SK, Samsung, and Hanwha are propelling the blockchain and cryptocurrency industry. China’s central bank, the People’s Bank of China, has been moving to create its cryptocurrency, they noted.