Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns
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The Bank of Korea has decided not to include Bitcoin in its foreign exchange reserves due to concerns over its high volatility and lack of liquidity. This decision comes despite a U.S. executive order promoting Bitcoin stockpiling.
March 18, 2025 | 11:30 am
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The Bank of Korea has decided against adding Bitcoin to its reserves, citing high volatility and liquidity concerns. This decision may impact Bitcoin's perception as a stable asset.
The Bank of Korea's decision not to include Bitcoin in its reserves highlights concerns about Bitcoin's volatility and liquidity. This could negatively impact Bitcoin's short-term price as it suggests a lack of confidence from a major financial institution.
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