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This move is consistent with the Lee Jae-myung government's push for cryptocurrency compliance and attempts to connect virtual assets with traditional financial regulation. However, the declared funds account for only 0.1% of the total home purchase funds, remaining relatively small in scale.
The key detail is that this data collection period from February 10 to March 31 coincided with Bitcoin's strong rebound from its early-year lows and a new cyclical high. This suggests that some young investors may have taken profits after the rapid appreciation of crypto assets, transferring gains into relatively stable real estate, which is a typical cyclical profit-taking behavior rather than a reversal of long-term trends.
South Korea's current trend of crypto investors selling coins to buy property, with the highest proportion in the 30-year-old age group
On May 10, the Korea Ministry of Land, Infrastructure and Transport reported that from February 10 to March 31, a total of 324 homebuyers declared the use of proceeds from crypto asset sales in their housing purchase funding plans. Among them, 229 buyers were aged 30 to 39, accounting for about 70.7%.
In terms of amount, the crypto asset sales proceeds declared for home purchases in this age group totaled approximately 10.31 billion Korean won (about 7.4 million USD), the highest among all age groups.
This data indicates that since Korea began separately listing virtual asset sale proceeds in housing financing plans this year, the inflow of cryptocurrency gains into the real estate market has been partially reflected. However, the related funds currently account for only about 0.1% of the overall home purchase funds, and the total scale remains relatively limited. $BTC
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