Cryptocurrency is owned by one in five South Korean government officials.

According to a recent report by the Government Public Ethics Committee, one in five public officials in South Korea have revealed their bitcoin holdings.

411 officials out of 2,047 who filed asset declarations for 2025 said they owned digital assets, totaling 14.41 billion Korean won ($9.8 million).

The greatest holdings, totaling 1.7 billion Korean won ($1.2 million), were revealed by Seoul City Councilor Kim Hye-young.

Her holdings are distributed among 16 Cryptocurrency is owned by one in five South Korean  such as XRP, Dogecoin, Ethereum, and Bitcoin. Crypto assets are also owned by her spouse and oldest son.

With 1.6 billion Korean won ($1.09 million) in cryptocurrency, fellow Seoul City Councilor Choi Min-gyu is the second-largest holder, followed by Busan-Ulsan Expressway Co

Kim Ki-hwan, the CEO, has 1.4 billion Korean won ($955,031) in assets.

Since January 2024, South Korean public officials have been compelled to reveal their cryptocurrency holdings. In addition to reporting their holdings, those in higher positions are required to include transaction histories and information about how the assets were obtained.