NewsBriefs - Bank of Korea rejects Bitcoin for reserve due to volatility and non-compliance with IMF guidelines

03/17/2025 10:56
NewsBriefs - Bank of Korea rejects Bitcoin for reserve due to volatility and non-compliance with IMF guidelines

The Bank of Korea has declined to consider incorporating bitcoin into its foreign exchange reserves, citing the cryptocurrency's high volati...

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    Bank of Korea rejects Bitcoin for reserve due to volatility and non-compliance with IMF guidelines

    The Bank of Korea has declined to consider incorporating bitcoin into its foreign exchange reserves, citing the cryptocurrency's high volatility and non-compliance with International Monetary Fund guidelines on liquidity and risk management. This decision comes despite recent moves by other nations following US President Donald Trump's creation of a Strategic Bitcoin Reserve from confiscated assets.

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      Bank of Korea rejects Bitcoin for reserve due to volatility and non-compliance with IMF guidelines

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