Blockchain data analytics firm Chainalysis released its 2025 Global Crypto Adoption Index on September 2, ranking South Korea 15th worldwide. The index is calculated based on four sub-indicators—centralized services, retail usage, DeFi participation, and institutional trading—serving as a key benchmark for assessing national levels of cryptocurrency adoption and regulatory environment.
One of the most notable results this year is the rise of the United States. The country jumped to second place, largely driven by the approval of spot Bitcoin ETFs and a clear regulatory framework that encouraged institutional inflows. Despite tighter oversight, regulations have strengthened market confidence and expanded participation, highlighting how clarity can foster adoption.
South Korea, meanwhile, maintains strong competitiveness in technological infrastructure and exchange services, yet continues to lag in global rankings due to the lack of comprehensive regulatory guidelines. Still, domestic participation remains high. As of March 2025, over 16 million Koreans held cryptocurrency accounts—equivalent to about 30% of the population—indicating that digital assets are evolving from speculative investments into mainstream financial holdings.
India topped this year’s index, underscoring the growing strength of emerging Asian markets. Its rapid retail adoption and DeFi expansion were key drivers. For South Korea, however, the absence of regulatory certainty suggests that future policy direction will play a decisive role in determining whether its global standing rises or falls.
