🇰🇷 The Bank of Korea Rejects #Bitcoin as a Reserve Asset Amid Volatility Concerns

The Bank of Korea (BOK) has reaffirmed its cautious stance on Bitcoin, stating that its extreme price volatility and liquidity challenges make it unsuitable as a foreign exchange reserve asset. Despite growing global discussions on digital asset reserves—particularly following an executive order from former U.S. President Donald Trump—the BOK has not conducted any internal reviews on adding Bitcoin to its holdings.

With Bitcoin’s price swinging between $98,000 and $76,000 in recent weeks, concerns over its stability continue to dominate central bank discussions. While some South Korean policymakers and industry leaders advocate for integrating digital assets into national reserves—or even launching a won-backed stablecoin—financial experts remain divided.

As South Korea evaluates its approach to cryptocurrency regulation, including the potential lifting of its ban on crypto ETFs, the debate over Bitcoin’s role in national reserves is far from over. Will the global trend toward digital asset adoption eventually shift the BOK’s stance?

🔍💰 Should central banks consider Bitcoin as part of their reserves, or is its volatility too great a risk? #Finance #centralbank #DigitalAssets #BitcoinReserveShift $BTC