The price of btc in South Korea is over $1000 the global average. It has been stated that the price per BTC in the region has reached upwards of $3500-3800 across the country’s top three exchanges and a lot of traders are finding significant arbitrage opportunities due to this trend in S/Korea. Also, these 3 popular trading platforms are processing roughly $200 million USD worth of Korean Won-KRW/BTC trades daily, and from all indications, the central bank’s and government’s friendly attitude in bitcoin community in South Korea is thriving greatly.
Apparently with this development, this country is one to watch with respect to bitcoin. What do you think about this explosion in the bitcoin world in South Korea and its global impact?
Reference: https://news.bitcoin.com/south-korea-bitcoin-1000-global/
