The best encryption holder among senior South Korea officials is Kim Hai Young, a member of the Seoul Metropolitan Council, who holds Crypto at a value of 1.7 billion WNA ($ 1.2 million)
This revelation comes at a time when South Korea is launched Report of encryption assets For the second year in a row, he explains that senior government officials have a combined 14.42 billion WNA (9.83 million dollars) in digital assets.
The assets detection report published by the Ethics Committee of Government officials on March 27, 2025, 411 (20.1 %) out of 2047 officials who have an encrypted currency.
It is worth noting that two out of 10 high -level public officials maintain virtual assets and found average reservation for a person 35.07 million WNA.
Kim Hai Young holds the most encrypted currency among public officials
Kim Hye-Young holds the most coded currency portfolio among South Korea officials, and has 16 different digital assets, including Bitcoin, Ethereum, Dogcoin and XRP.
Its holdings include 0.00144591 bitcoin, 0.01226935 ethereum, 519,004 xrp, 472 Dogecoins In her name and 3336 XRP, which was held by her older son.
Its holdings exceed the dates of other officials, and in this way, make it the most prominent government figure in the scene of the encryption of the public sector in South Korea.
Kim, the second highest encryption holder, Choi Min Geo, a member of the Seoul City Council, who reported digital assets of 1.621 billion options (1.104 million dollars). Its portfolio includes millions of XRP, Artidium and AD Tokens Holdings.
Kim Ki Huan, CEO of Busan-Lsan Expressway, who announced virtual assets of 1.426 billion WNA (0.972 million dollars). Invested in Luna Classic, Charalans, Horus Pay and iOS black tokens.
Among the other officials who have large encrypted currencies Kim Daye Hwan, General Manager of the Labor Development Corporation; Oh Moon Qio, Dean of the Police University; Park Chun, President of Jeongo Education University. Their property of digital assets ranges from hundreds of millions to billions of victory.
Although the number of officials holding a coined coin in South Korea is somewhat high, the distribution is unbalanced. The 10 best holders control about 8.57266 billion WNA ($ 5.85 million), leaving 401 officials controlling less than $ 4 million of digital assets.
Government cracks on encryption disclosure and access to access
The South Korean government has intensified censorship in response to high encrypted currency rates. Since 2024, officials who have a fourth level or over the disclosure of their cryptocurrencies, including the type and amount of digital assets preserved.
It is estimated at the average daily market price at the time of registration for these assets. With the continued gain of cryptocurrencies as a financial asset, the government appears to take more steps towards transparency between public employees.
In addition to the tougher disclosure rules, the South Korean organizers have also moved to the restriction of access to the non -registered abroad operating in the country. FIU, affiliated with the Financial Services Committee (FSC), requested Google Play to restrict access to 17 of these exchanges that serve local users.
This procedure follows FIU on March 21 that it takes steps against operators who have not reported their activities under the country’s financial information law.
FIU cooperated with the Korea Communications Standards Committee (KCSC) to determine the best plan to restrict access to these platforms. On March 26, the Financial Services Committee (FSC) issued a list of 22 unregistered exchanges, 17 of which were already banned from the Google Play store.
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