FUNCTIONALITY OF BITCOIN

Last updated: June 17, 2025, 20:40  |  Written by: Jed McCaleb

Functionality Of Bitcoin
Functionality Of Bitcoin

A Recent Report By The

Crypto makes up 70% of South Korea’s reported

A recent report by the South Korea National Tax Service shows that in 2025, residents and corporations in the country held 130.8 trillion won (around $98 billion)

South Korean Taxpayers Declare Over $98 Billion in Overseas

Rich Korean Individuals And Companies

Rich Korean individuals and companies held W131 trillion worth of cryptocurrencies in overseas accounts last year (US$1=W1,330). This is the first time the size

South Koreans Report $99 Billion in Overseas Crypto Assets, Tax

South Korea’s tax agency announced today that taxpayers have declared overseas cryptocurrency assets worth 130.8 trillion won ($98.5 billion) this year following the introduction

South Korea

South Korea’s tax agency announced today that taxpayers have declared overseas cryptocurrency assets worth 130.8 trillion won ($98.5 billion) this year following the

The National Tax Service (NTS) of South Korea released a report on Wednesday that found cryptocurrencies make up the majority of the nation’s overseas assets.

South Korean Crypto Holdings in Overseas Accounts Soar to

South Korean Taxpayers Have Declared

South Korea's Overseas Assets Account for 70% of Crypto: Report

South Korean individuals and corporations have reported overseas cryptocurrency assets, including Bitcoin (BTC), amounting to approximately 131 trillion won

South Korean taxpayers have declared a staggering 131 trillion won (over $98 billion) in cryptocurrencies held in overseas accounts in 2025, following new reporting

Crypto is dominant asset held overseas by South Koreans

Rich Koreans Own W131 Trillion in Cryptocurrencies Abroad

South Koreans Hold Around $98B of Virtual Assets in Overseas

In A Recent Release

In a recent release, the NTS reported that 1,432 overseas cryptocurrency accounts were declared this year, with a combined value of 130.8 trillion Korean won

Jed McCaleb can be reached at [email protected].

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