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Crypto News: Bank of Korea Rejects Bitcoin for Foreign Exchange Reserves
The Bank of Korea (BOK) has firmly stated that it has “never reviewed” the inclusion of Bitcoin in the country’s foreign exchange reserves. In a response to a written inquiry from Rep. Cha Gyu-geun of the Democratic Party of Korea on March 16, the BOK opened up about the need for caution when considering Bitcoin as part of the country’s financial assets.