📰 News Alert...

🔖 Title: Bank of Korea Adopts Cautious Stance on Bitcoin as Foreign Exchange Reserve

🗓️ Published: 2025-03-16T00:00:00-04:00

📄 Summary: In a recent inquiry response, the Bank of Korea has stated its cautious approach regarding the potential inclusion of Bitcoin in its foreign exchange reserves, primarily due to the cryptocurrency's notorious volatility. Officials stressed the importance of liquidity and credit ratings of investment grade or higher for reserve assets, which Bitcoin currently does not meet. As discussions about cryptocurrency continue to rise globally, this decision highlights South Korea's careful navigation in the evolving digital asset landscape.

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https://cointelegraph.com/news/south-korea-central-bank-cautious-stance-potential-bitcoin-reserve?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Martin Young

💓 #Bitcoin #CryptoNews #FinancialStrategy