Bitcoin? Nah, We’re Good, Says Bank of Korea 🏦🙅‍♂️

The Bank of Korea, that stoic guardian of South Korea’s financial soul, has looked Bitcoin square in its digital eyes and said, “Not today, buddy.” According to Korea Economic TV, the central bank has never even flirted with the idea of adding Bitcoin to its reserves. Too volatile, they say. Too unpredictable. Too… well, Bitcoin. 🎢

Meanwhile, some local industry bigwigs have been nudging the Democratic Party of Korea (DP), the country’s main centrist-liberal crew, to take a page out of the U.S. playbook. You know, the one where the world’s biggest economy decided to hoard forfeited Bitcoin like a dragon with a shiny new treasure. 🐉💰

Earlier this month, the U.S. not only set up a Bitcoin reserve but also started stockpiling alternative cryptocurrencies like they’re preparing for a digital apocalypse. A member of the DP, perhaps feeling left out, shot an inquiry to the Bank of Korea, asking, “Hey, what about us?”

South Korea, the 12th largest economy in the world, sits pretty with nearly $410 billion in reserves. And for now, it seems they’re content to keep their treasure chest Bitcoin-free. After all, why mess with a good thing when you can just watch the crypto circus from the sidelines? 🍿

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2025-03-17 09:05