Approximately 20% of South Korea's public officials have disclosed owning cryptocurrency.
Ripple's XRP dominates the portfolios of government officials, with high-profile holders including Seoul City Council members Kim Hye-young and Choi Min-gyu.
Of the officials who disclosed their digital assets, a Seoul City Council member, Kim Hye-young, has the largest portfolio worth approximately $1.1 million.
XRP remains popular among South Korea's government officials despite the country's regulatory strategy for digital assets.