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Report: 27% of South Koreans aged 20-50 own cryptocurrencies

According to online reports, according to a new report "Virtual Asset Investment Trends in the 20 - 50s" released by the Asiana Financial Research Institute, more than one-quarter (27%) of South Koreans aged 20-50 now own digital assets, and cryptocurrency investments account for 14% of their total financial portfolio. Research shows that people of different ages have different interests in cryptocurrencies. People in their 40s had the highest participation at 31%, followed by people in their 30s at 28%, and people in their 50s at 25%. 78% of respondents in their 50s said they use cryptocurrency as a way to accumulate money, while 53% said they are preparing for retirement by investing in cryptocurrency. Today, more and more respondents view growth potential, investment diversification and structured savings plans as their main motivations for investment. At the same time, 70% of respondents expressed interest in expanding cryptocurrency investment in the future. 42% of respondents said they are willing to increase investment if traditional financial institutions play a greater role in the cryptocurrency market;35% believe that stronger legal protection is a key factor in enhancing confidence.

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