Why did South Korea reject a Bitcoin reserve? How do other countries explain the reluctance to adopt the BTC reserve?
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The Bank of Korea has commented on the possibility of adding Bitcoin to its reserves, highlighting a reluctance similar to other countries. This reflects a cautious approach towards adopting Bitcoin as a reserve asset.
March 19, 2025 | 10:45 am
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The Bank of Korea's comments on potentially adding Bitcoin to its reserves indicate a cautious stance, similar to other countries, which may affect Bitcoin's perception as a reserve asset.
The Bank of Korea's consideration of Bitcoin for reserves suggests a potential shift in perception, but the cautious approach aligns with global hesitance, leading to a neutral short-term impact on BTCUSD.
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