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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...

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 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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