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Seoul: Asia’s Retail Crypto Capital Moves on After Do Kwon

South Korea’s nearly 7 million registered users, many in the nation’s capital, show a huge interest in trading crypto. But No. 4 in CoinDesk’s Crypto Hubs 2023 is still licking its wounds after the catastrophic collapse of Terra blockchain – for a time, South Korea’s favorite crypto project.

South Korean President-elect Yoon Suk-yeol of the main opposition People Power Party celebrates with supporters at the party's headquarters on March 10, 2022 in Seoul, South Korea. (Chung Sung-Jun/Getty Images)
South Korean President-elect Yoon Suk-yeol of the main opposition People Power Party celebrates with supporters at the party's headquarters on March 10, 2022 in Seoul, South Korea. (Chung Sung-Jun/Getty Images)