Bank of Korea Rejects Bitcoin As Foreign Reserve Asset, Citing Instability and Other Factors: Report
Portfolio Pulse from
The Bank of Korea has decided not to include Bitcoin in its foreign exchange reserves, citing concerns over its price volatility.
March 18, 2025 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The Bank of Korea has decided against including Bitcoin in its foreign exchange reserves, citing its price volatility as a major concern.
The decision by a major central bank to exclude Bitcoin from its reserves highlights ongoing concerns about its stability, which could negatively impact investor sentiment and short-term price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80