South Korean Homebuyers Increasingly Use Crypto for Purchases

2026-05-10 13:46

Data from South Korea's Ministry of Land, Infrastructure and Transport reveals that between February 10 and March 31, 324 homebuyers declared using proceeds from cryptocurrency sales in their housing purchase plans. Notably, individuals in their 30s accounted for 229 of these buyers, representing 70.7% of the total. This age group reported using 10.31 billion Korean won (approximately $7.4 million) from crypto sales, the highest among all age groups. However, crypto sales only constituted 0.1% of the total funds used by buyers in their 30s, indicating a limited scale of crypto usage in real estate transactions.

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