{"id":153144,"date":"2025-03-17T13:08:00","date_gmt":"2025-03-17T11:08:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153144"},"modified":"2025-03-17T12:09:44","modified_gmt":"2025-03-17T10:09:44","slug":"south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/","title":{"rendered":"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/n.news.naver.com\/mnews\/article\/215\/0001202021?sid=101\">decision<\/a> <\/strong>comes amid discussions within the country\u2019s political landscape. Some industry figures have urged the Democratic Party of Korea to address the U.S. government\u2019s recent move to establish a <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>reserve, which includes confiscated cryptocurrency holdings.<\/p>\n<p>The U.S. has also built up reserves of other digital assets, prompting questions about whether South Korea should follow suit.<\/p>\n<p>A Democratic Party member formally inquired about the Bank of Korea\u2019s position on Bitcoin reserves, but the central bank dismissed the idea, reaffirming its traditional approach to reserve management.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/investors-shift-focus-from-memecoins-to-fundamental-altcoins\/\" title=\"Investors Shift Focus from Memecoins to Fundamental Altcoins\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/datainfomonitor-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Investors Shift Focus from Memecoins to Fundamental Altcoins<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>South Korea currently holds around $410 billion in foreign exchange reserves, making it the world\u2019s 12th-largest economy.<\/p>\n<p>Globally, central banks have largely remained skeptical of Bitcoin as a reserve asset. Earlier this year, European Central Bank President Christine Lagarde stated that the ECB and other members of the General Council had no intention of holding Bitcoin.<\/p>\n<p>This response followed a proposal by the governor of the Czech National Bank, Ales Michl, who suggested investing billions in Bitcoin as a diversification strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.<\/p>\n","protected":false},"author":3,"featured_media":25742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-153144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset<\/title>\n<meta name=\"description\" content=\"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset\" \/>\n<meta property=\"og:description\" content=\"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-17T11:08:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1520\" \/>\n\t<meta property=\"og:image:height\" content=\"799\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/\",\"name\":\"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg\",\"datePublished\":\"2025-03-17T11:08:00+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"description\":\"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg\",\"width\":1520,\"height\":799},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset","description":"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/","og_locale":"en_US","og_type":"article","og_title":"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset","og_description":"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.","og_url":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/","og_site_name":"Cryptodnes EN","article_published_time":"2025-03-17T11:08:00+00:00","og_image":[{"width":1520,"height":799,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg","type":"image\/jpeg"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/","url":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/","name":"South Korea\u2019s Central Bank Rejects Bitcoin as a Reserve Asset","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg","datePublished":"2025-03-17T11:08:00+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"description":"South Korea\u2019s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/south-koreas-central-bank-rejects-bitcoin-as-a-reserve-asset\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/southkorea.jpg","width":1520,"height":799},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=153144"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153144\/revisions"}],"predecessor-version":[{"id":153145,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153144\/revisions\/153145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/25742"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=153144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=153144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=153144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}