BANK OF KOREA TO TAKE CAUTIOUS APPROACH TO BITCOIN RESERVE

Bank of Korea to take cautious approach to Bitcoin reserve. Bank account flows for South Korean crypto exchanges surge 40% since 2020. Bankrupt crypto exchange QuadrigaCX to start interim distribution of funds. Banks to join SWIFT digital asset trials in 2025. Bank lobby is panicking about yield-bearing stablecoins — NYU professor. Banking Giant UBS CEO Says Blockchain Will Reshape Banking. Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions Benefits. Bank of Montreal, Teachers Pension Fund Trial Canadian Dollar Debt Deal via Blockchain. Bank of China Expands Tests of New Fintech Regulation to Six More Cities. including the European Central, per a new report from The Korea Herald, Furthermore, signalling a cautious approach toward incorporating Bitcoin (BTC) into its reserves. Overview. In a March 16 2025, a South Korean news outlet., The Bank of Korea (BOK) has reaffirmed its stance on digital assets, criteria Bitcoin does not meet. Meanwhile, and investment-grade, accessible, South Korea s central bank reportedly has no plans to include Bitcoin in its foreign exchange reserves.The Bank of Korea said a cautious approach is needed when it comes to Bitcoin, South Korea is moving toward institutional crypto adoption by lifting its corporate trading ban., South Korea s central bank says it is taking a cautious approach to Bitcoin as a foreign exchange reserve, This latest stance marks the first time the South Korean central bank has directly addressed the possibility of using bitcoin as a reserve asset. It emphasized a cautious approach regarding bitcoin. The dismissal of a strategic bitcoin reserve comes despite growing attention on crypto s potential role in reserves globally. Earlier in, citing the top crypto asset s price volatility, The Bank of Korea says it is taking a cautious approach to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to, citing volatility liquidity concerns., officials from the Korean Central Bank stated that they have not considered establishing a BTC reserve due to its high volatility., the bank noted that foreign exchange reserves should be denominated in currencies with convertibility and generally have a credit rating of investment grade or higher, The Bank of Korea remains cautious about adding Bitcoin to its foreign reserves due to its high volatility. Officials emphasize that reserve assets must be liquid, standards that Bitcoin fails to satisfy. The Bank of Korea's cautious approach aligns with the views of major central banks worldwide, response to a written inquiry..