📉 In South Korea, cryptocurrencies such as Bitcoin (BTC) accounted for the largest share of reported foreign assets, according to the country's tax office. This year, 1,432 individuals and businesses reported overseas cryptocurrency accounts totaling 130.8 trillion Korean won (KRW) or $98 million, representing more than 70% of the total amount of all reported overseas assets.

- A total of 5,419 entities reported their overseas financial accounts holding KRW 186.4 trillion ($140 million) in assets such as cryptocurrencies, stocks, and deposits and savings.

- The Internal Revenue Service plans to scrutinize those who fail to report foreign financial accounts and impose penalties for violating the rules.