Coin-Turk 16 minutes ago
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The Bank of Korea has expressed a cautious approach to incorporating Bitcoin 
$83,018 into its foreign exchange reserves. The bank highlighted that digital assets, due to their significant price volatility and low liquidity, do not meet international standards. Moreover, the absence of market valuation and credit rating for Bitcoin negatively affects its suitability for reserves.
Central Bank’s Statement
The Bank of Korea indicated that the costs of liquidating Bitcoin could increase due to potential market fluctuations. They emphasized the necessity of a cautious approach in this regard.
Bank of Korea: “A cautious approach is required.”
In this context, it was noted that Bitcoin and similar cryptocurrencies do not meet the foreign reserve requirements set by the International Monetary Fund.
International Developments
While the U.S. government embraces the
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