Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns
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The Bank of Korea has dismissed the idea of adding Bitcoin to its foreign exchange reserves due to concerns over its volatility.
March 19, 2025 | 11:45 am
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The Bank of Korea has decided against adding Bitcoin to its foreign exchange reserves, citing concerns over its volatility.
The decision by the Bank of Korea not to include Bitcoin in its reserves due to volatility concerns could negatively impact Bitcoin's perception as a stable asset, potentially leading to short-term price pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80