The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.

The South Korean Central Bank, the Bank of Korea (BOK), is “not considering” creating a national strategic Bitcoin reserve.

The Bank of Korea has rejected Bitcoin for its foreign exchange reserves due to volatility and liquidity concerns ...

Foreign nationals residing in South Korea will be able to handle financial transactions using their digital residence cards ...

The Bank of Korea said that Bitcoin does not meet the International Monetary Fund’s criteria for foreign exchange reserves.

Choi Yoon-ah, former coach of the Korean women's basketball team, will take the helm of Shinhan Bank in Incheon.Shinhan Bank ...

The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing concerns over price ...

and some members of Korea’s Democratic Party urged the country to integrate Bitcoin into its national reserves and develop a won-backed stablecoin. However, the Bank of Korea emphasized that ...

South Korea’s central bank says it is taking a cautious approach to Bitcoin as a foreign exchange reserve, citing volatility ...

The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.

Both need to recover quickly from their injuries. Goalkeeper Neuer was substituted after injuring his calf on the 6th during ...