Korean Councilor Confirms Holding $1M in XRP as Government Officials Report $9M+ Worth of Crypto Holdings
South Korean government officials have disclosed their crypto holdings, with one City Councilor reporting nearly $1 million in XRP.
This is according to a report today from leading South Korean daily newspaper Munhwa Ilbo, citing data provided by the country’s Ethics Commission for Government Officials. Notably, the data came from the Commission’s latest disclosure of the changes in the asset holdings of public officials for 2025.
Korean Government Officials Hold XRP
Interestingly, the disclosure revealed that of the 2,047 government officials who reported their investment portfolio, up to 411, representing 20.1%, confirmed that they hold crypto assets. Notably, these officials collectively hold crypto assets worth 14.412 billion
