Kapronasia

Insight

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 as part of the Atlas Technologies Group and building on the legacy of Kapronasia (founded in 2007), Atlas Technologies Singapore is a strategic consulting and market research firm specializing in fintech, banking, payments, and capital markets across Asia Pacific.

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