Bank of Korea cautious about adding Bitcoin as reserve due to volatility
From Cointelegraph
March 16, 2025 11:45 PM:
The Bank of Korea is cautious about including Bitcoin as a foreign exchange reserve due to high volatility. Bitcoin prices have swung between $98,000 and $76,000 before settling at around $83,000. US President Trump’s strategic Bitcoin reserve order sparked global discussions on crypto assets in national financial strategies. South Korea is examining Japan’s trend towards crypto assets as it considers lifting a ban on crypto exchange-traded funds.
Read more at Cointelegraph: Bank of Korea to take ‘cautious approach’ to Bitcoin reserve