World

⚡BOK Calls for ‘Cautious Approach’ for Including Bitcoin As Foreign Exchange Reserves

By IANS

The South Korean central bank has called for a "cautious approach" to the idea of including bitcoin as foreign exchange reserves given its price volatility, officials said on Sunday. Cha Gyu-geun of the minor Rebuilding Korea Party, the Bank of Korea (BOK) said it "has neither discussed nor reviewed the possible inclusion of bitcoin in foreign exchange reserves" and "a cautious approach is needed" to the matter.

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