The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.
Foreign nationals residing in South Korea will be able to handle financial transactions using their digital residence cards ...
The Bank of Korea has rejected Bitcoin for its foreign exchange reserves due to volatility and liquidity concerns ...
The South Korean Central Bank, the Bank of Korea (BOK), is “not considering” creating a national strategic Bitcoin reserve.
The Bank of Korea (BOK) is set to initiate a pilot program for its central bank digital currency (CBDC), named "Hangang," involving 100,000 participants. Scheduled to run from April to June this ...
The Bank of Korea said that Bitcoin does not meet the International Monetary Fund’s criteria for foreign exchange reserves.
South Korea’s central bank says it is taking a cautious approach to Bitcoin as a foreign exchange reserve, citing volatility ...
The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing concerns over price ...
crypto industry lobbyists 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 ...