South Korean Lawmakers Disclose Significant Crypto Stakes in BTC, ETH & Prominent Altcoins

South Korea's public officials have revealed their cryptocurrency holdings in a new disclosure, with 411 out of 2,047 government employees declaring assets totaling KRW 14.4 billion (about $9.83 million). The investments prominently feature Bitcoin (BTC) and Ethereum (ETH) along with key altcoins like Dogecoin (DOGE), XRP, and Luna Classic (LUNC). Notable figures include Seoul City Council Member Kim Hye-young, who cited investments in 16 different cryptocurrencies and declared the highest amount at approximately $1.16 million, followed by other officials with significant stakes. Additionally, Seoul City Councilor Choi Min-gyu and Busan-Ulsan Expressway CEO Kim Ki-hwan were mentioned for their substantial crypto investments. The disclosure is part of broader transparency efforts by the South Korean government to ensure public officials reveal their digital asset portfolios, signaling a growing trend of crypto adoption within the public sector.