Bitcoin Reserve Consideration Urged in Korea

South Korea Considers Bitcoin Reserves and Won-Backed Stablecoin

• South Korean financial experts and opposition politicians discussed integrating Bitcoin into national reserves.
• The forum was hosted by the main opposition Democratic Party at the National Assembly.
• Discussions were in response to U.S. moves for a national Bitcoin reserve, with President Trump signing an executive order.
• Kim Jong-seung, CEO of xCrypton, emphasized the need for clear policy responses from South Korea.
• Calls were made for a won-backed stablecoin to maintain monetary sovereignty amid USD-pegged stablecoins dominance.

At a recent forum, South Korean experts urged integrating Bitcoin into national reserves and developing a won-backed stablecoin. This comes as the U.S. establishes its own Bitcoin reserve, highlighting the need for South Korea to respond strategically.