Why is crypto more expensive in Korea?

Why is the price of cryptocurrency consistently higher in Korea compared to other regions? Could it be due to the high demand from Korean investors, who perhaps have a stronger appetite for risk or a deeper understanding of the technology? Or is it influenced by the regulatory framework in Korea, which might encourage more institutional investors to participate in the market? Could the popularity of crypto trading platforms in Korea also be a factor, making it easier for individuals to access and trade these digital assets? It's intriguing to note that even during periods of global market volatility, the Korean crypto market often remains resilient. What might be the reasons behind this? And how does the Korean crypto ecosystem differ from other regions, contributing to these higher prices? It's a fascinating question that deserves further exploration.