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March 17, 2025

South Korea Turns Down Bitcoin as North Korea Hoards BTC

In a stark contrast to North Korea’s strategy, South Korea’s central bank has confirmed that it will not include Bitcoin in its foreign exchange reserves. This decision comes as North Korea reportedly accumulates Bitcoin through illicit cyber activities. The differing approaches of these two nations highlight the geopolitical tensions surrounding cryptocurrency assets. South Korea’s reluctance to adopt BTC within its reserves may reflect broader regulatory concerns. Meanwhile, North Korea’s actions continue to draw scrutiny from both the crypto community and international watchdogs. As these events unfold, the global landscape of cryptocurrency regulation and adoption grows increasingly complex. How will these contrasting strategies affect the future of Bitcoin adoption in Korea?

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