An investigation in South Korea has revealed that over 20% of its lawmakers hold significant cryptocurrency holdings, totaling a substantial amount of 14.4 billion won, amidst growing regulatory scrutiny and institutional interest. This disclosure highlights a significant shift toward transparency within the Korean crypto market, impacting public perception and investor behavior. The Financial Services Commission oversees these disclosures as part of new regulations designed to promote accountability in South Korea’s cryptocurrency landscape. These increased disclosures come on the heels of 2023 legislation requiring public officials to report their cryptocurrency holdings alongside property and metal assets, signaling a significant shift towards transparency.