70% of South Korean Reported Foreign Assets Are Crypto- Here’s More
South Korea’s crypto adoption grows as authorities disclosed that 70% of the nation’s reported overseas assets are cryptocurrencies. On Sept 20, The country’s National Tax Service (NTS) in an official release stated that...
On Sept 20, The country’s National Tax Service (NTS) in an official release stated that 5,419 business and individuals reported their financial accounts with the largest chunk held in digital assets. ...
Read More: 70% of South Korean Reported Foreign Assets Are Crypto- Here’s More
Original source
Read on CryptonewsRelated market context
Humanity Protocol’s $36M hack linked to suspected North Korean hackers, Quantstamp reports
The incident underscores the urgent need for improved cybersecurity measures and key management practices to protect against sophi...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder
In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infr...
Crypto’s World Cup moment grows as Kraken, Algorand, and Chiliz deepen FIFA ties
Crypto partnerships with FIFA could boost blockchain adoption and engagement, potentially driving increased investment and market...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...