South Korea’s top crypto-holding public official owns $1.16M

Seoul Metropolitan Councilor Kim Hye-young has reported the largest cryptocurrency holdings among South Korean public officials, declaring assets worth 1.7 billion won (approximately $1.16 million) according to Munhwa Ilbo. She holds 16 different types of cryptocurrencies. About 20% of high-ranking public officials also reported owning crypto assets with an average value of 35.07 million won (around $23,900) per person.