South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report
The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals to the National Tax Service, “may be inflated.” The s...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The significant value of the reported amount is probably pumped up during the process of reporting to the authorities, Korbit Research Centre notes....
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This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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