Vitalik Buterin Visits South Korea, Stirring Up the Cryptocurrency Community

Vitalik Buterin, the co-founder of Ethereum, was spotted in the tech city of Pangyo, South Korea, over the past weekend - a sighting that has greatly excited the cryptocurrency community in the country.

Azcnews Breaking

Buterin has been in South Korea to attend a series of events, including an Ethereum-related conference.

However, cryptocurrency enthusiasts were surprised to see him walking on the streets of Pangyo, a tech-focused town in Seongnam, Gyeonggi Province—and even working on a laptop at a café.

Vitalik Buterin Returns to South Korea

The Ethereum co-founder delivered a keynote speech at the ETH Seoul 2024 event. Neowiz, a gaming industry giant, hosted this event at their headquarters in Pangyo on March 30.

However, it seems Buterin extended his stay in the city. Pangyo is also home to the headquarters of tech companies like Ahnlab and Naver.

Leading IT conglomerates such as Kakao, Samsung, and SK also have significant activities in Pangyo.

Cryptocurrency enthusiasts in South Korea rushed to social media platforms like X to affirm that they saw Buterin in Pangyo on March 31.

A social media user posted a photo of Buterin seemingly working on a laptop at a café in Pangyo.

Social media users pointed out that there were “four or five cups of water” on Buterin’s table, indicating that he had been working at that café for quite some time.

Another person posted a video of Buterin walking on a street in Pangyo, glancing at his mobile phone as he walked.

The posts and sightings caused a stir, with some commenting that Buterin “looks like a regular resident” of the city.

Pangyo - buterin

Related: Vitalik Buterin Shares Views on Memecoins

Enthusiasm for ETH in South Korea

Buterin’s most recent visit to South Korea may be his longest stay yet. According to Maeil Kyungjae, Buterin also attended a web3-related event called BUIDL Asia 2024 in Seoul’s Songpa district on March 27.

Ethereum (ETH) is highly popular in South Korea, where even senior judges claim to own ETH.

Buterin visited the country in 2019 when he was invited to speak at a special meeting convened at the National Assembly.

There, he emphasized that blockchain technology and cryptocurrency assets are “virtually inseparable.”

At that time, the South Korean government was trying to promote a “blockchain without cryptocurrency” policy. Companies and government agencies were encouraged to develop blockchain networks without using tokens, instead of using protocols like Ethereum.

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