South Korean Lawmakers Invest in Bitcoin, XRP, and Meme Coins

A new report shows that many South Korean lawmakers are quietly investing in crypto, choosing digital assets over the weak local stock market. Instead of relying on KOSPI, they are building portfolios with Bitcoin, XRP, meme coins like PEPE, and even U.S. tech giants such as Microsoft and Tesla.

This shift reflects a bigger trend across the country. Over 16 million South Koreans are already trading on exchanges like Upbit, Bithumb, Coinone, Korbit, and Gopax. That number is expected to hit 20 million by the end of 2025, far more than the 14.1 million who invest in domestic stocks. With mobile apps making trading as easy as banking, crypto is quickly becoming the top choice for both citizens and politicians.

South Korea’s Crypto Shift

The investigation, led by South Korean outlet Energy Kyungjae, looked at the National Assembly’s Culture, Sports, and Tourism Committee, one of the groups shaping investor policies. Surprisingly, instead of backing the country’s...

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