Bank of Korea Takes Cautious Stance Amid Bitcoin Reserve Concerns
The Bank of Korea (BOK) has opted against including Bitcoin (BTC) in the country’s national reserve, despite increasing calls from crypto enthusiast communities. This decision follows President Trump’s recent executive order advocating for a strategic Bitcoin reserve in the United States. The BOK’s stance reflects a cautious approach to the integration of cryptocurrencies into formal financial systems. While some policymakers advocate for innovation, others stress the need for regulation and security to mitigate risks associated with digital assets. The bank’s position will influence the future of Bitcoin’s role in national policies amid evolving global perspectives.