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South Korea's attempt to regulate the so-referred to as "social gambling" business resulted in a massive blockage of all the games accessible on Facebook, Korea's webzine This Is Game reports. Two members of a Korean idol group that is common in Japan had been questioned by police final September for allegedly gambling away millions of Korean won in the Philippines. It was revealed through a police investigation that one of the members even gambled in Korea employing the online gambling approach. The data from the NTS reveals the nation's financial landscape, with 5,419 entities declaring their overseas monetary holdings. These entities collectively amass 186.4 trillion KRW (equivalent to $140 million) in numerous assets, like cryptocurrencies, stocks, and deposit and savings accounts. South Korea's National Tax Service (NTS) revealed that cryptocurrencies, such as Bitcoin, constitute a substantial portion of the nation's overseas assets. NTS reported 1,432 overseas cryptocurrency accounts this year from individuals and corporations. More than 70% of the nation's reported overseas assets are digital assets, valued at 130.8 trillion Korean won (around $98 million).
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