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17
Mar

Bank of Korea rules out Bitcoin as a reserve asset

The Bank of Korea (BOK) has officially ruled out Bitcoin as a reserve asset, citing concerns over its extreme volatility, high transaction costs, and non-compliance with International Monetary Fund (IMF) guidelines. This decision places South Korea in alignment with several other financial authorities worldwide but also highlights a growing divide…
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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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100 Tras Street #16-01, Singapore 079027
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8F, 80 Robinson Road, Singapore 068898

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