Bank of Korea Rejects Bitcoin Reserve
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The Bank of Korea has stated that it has never considered using Bitcoin to diversify its reserves, as reported by Korea Economic TV.

March 18, 2025 | 11:30 am
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The Bank of Korea has rejected the idea of using Bitcoin to diversify its reserves, which may impact Bitcoin's perception as a reserve asset.
The rejection by a major central bank like the Bank of Korea could negatively impact Bitcoin's perception as a viable reserve asset, potentially leading to short-term price pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80