South Korea Central Bank, Bitcoin for foreign exchange reserves $82,775.63 He announced that he did not make any assessment about adding. The bank said that it was cautious due to fluctuations in the markets. In the USA, strategic reserve creation works are on the agenda. These policies led to the emergence of different views in the financial world.
South Korea does not look hot on Bitcoin reserve
South Korea Central Bank, Bitcoin’s foreign exchange reserves did not put the agenda on the agenda. Bank officials said that volatility and liquidity risks in the crypto money market are decisive in reserve policies.
According to the central bank, assets such as Bitcoin do not meet the International Monetary Fund (IMF) criteria. Therefore, it is not on the agenda to be included in traditional reserve assets. In addition, political developments in South Korea affect financial policy priorities. With the dismissal of the former president, the regulations on digital beings were pushed to the second plan.
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Japan follows a similar approach. Authorities say that while keeping the world -wide financial developments, cautious steps will continue. The general picture in East Asia creates a negative atmosphere for the addition of Bitcoin and other crypto currencies to reserves.
US administration continues its strategic reserve steps
The United States continues its strategic reserve creation efforts in line with the decisions taken during the President Donald Trump. Authorities evaluate the assets to be formed by considering the budget balances.
However, there are some question marks on the implementation of this policy. The purpose of the strategic reserves and the long -term effects of discussion. Some experts from the financial sector argue that this initiative can create a major transformation on the markets.
Bitwise CIO Matt Hougan says that the market imposes more meaning on this issue. According to him, such reserve policies can lead to new structural transformations in the financial system. However, considering the uncertainty in the markets and the cautious attitude of the central banks, it is foreseen that radical changes will take time.
The discussions on reserve policies in countries such as the USA and South Korea are reunited in the financial system of crypto currencies. Factors such as market stability and liquidity will continue to be decisive in the decision -making mechanisms of the central banks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
