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

Wemix Foundation CEO Kim Seok-hwan said releasing the information immediately could cause panic selling or further attacks.

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

The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its ...

North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin ...

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We may utilise affiliate links within our content, and receive commission. Solana meme coins attract investors due to their high volatility and potential for short-term gains. But picking winners is ...