South Korea draws crypto balance sheet

The National Bureau of Statistics in South Korea also plans to examine digital assets as part of an annual survey of household financial wealth.

According to media reports, the annual financial survey in South Korea will also include “virtual assets traded on the stock exchange” for the first time.

From the end of March, the national statistics office KOSTAT will also survey 20,000 households in the country about their crypto assets.

South Korea recently completed the first test phase with its own central bank digital currency (CBDC). According to a report , further tests are to follow.

Experience has shown that the crypto scene did not have it easy there. South Korea had planned to introduce a crypto tax earlier this year. While the project has been postponed to 2023, the results of the survey should also be interesting in that regard.

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