"Korea has abundant Web3 talent pool... globally competitive" [Consensus Hong Kong 2025]
Summary
- Korea was reported to have high competitiveness in the virtual asset industry.
- Ryan Kim of Hashed revealed that Korea's crypto-native experts are preparing for the global market.
- He advised expanding into the global market considering Korean regulations.
A forecast suggests that South Korea's virtual asset (cryptocurrency) industry competitiveness will continue to rise.
On the 20th (local time), Ryan Kim, co-founder of Hashed, participated in a fireside chat at 'Consensus Hong Kong 2025' held at the Hong Kong Convention Centre (HKCEC) and emphasized, "Investors and market participants operating in Korea are very smart. There are highly skilled crypto-native experts working in the industry, and they are preparing to advance towards a larger market."
However, he also advised that global expansion should be pursued in consideration of the current Korean regulatory environment. He stated, "Despite having such an excellent talent pool, to do business in Korea, you need to wait for the upcoming regulations and licenses. For blockchain founders to overcome this situation, they need to look beyond Korea and move towards the global market."
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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