Cryptocurrencys prominence in South Koreas foreign holdings has been brought to light. The countrys National Tax Service (NTS) revealed on September 20 that a majority of overseas assets reported this year were in the form of digital currencies. Specifically, 1,432 entities, including both individuals and corporations, declared they had foreign cryptocurrency accounts. These crypto assets totaled an impressive 130.8 trillion South Korean won, equivalent to $98 million. This number encompasses over 70% of the aggregate declared foreign assets. Meanwhile, official figures show that 5,419...
source: https://tokenpost.com/South-Korea-Reports-Dominance-of-Cryptocurrency-in-Overseas-Assets-Declaration-10702
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