“The imf Emphasizes the Importance of Prudently Managing Liquidity, Market, and Credit Risks – Criteria That Bitcoin, With It ITS Eric Nature, Does Not Satisfy.”, – WRITE: www.coindesk.com
- The Bank of Korea (Bok) Has Expressed Reservations About Including Bitcoin in Its Foreign Exchange Reserves Due to ITS Price Instability and Potential Risk to Reserves.
- The Bok ALSO STATED BITCOIN DOES NOT MEET the INTERNATIONAL MONETARY Fund’s Foreign Exchange Reserve Management Standards, WHICH EMPHASIZE PRUDENT MANAGENT OF LIQUIDITY, MARKET, MARKET, MARKET, MARKET, MARKET.
In Respons to A Question Passed by a member of the National Assembly’s Strategy and Finance Committe, The Bok Made It Clear on Sunday that It Has Not Entertaneda of Embracing.
The Primary Deterrent for the Bok Is Bitcoin’s Notorious Price Instability, WHERE The Central Bank Fears That Wild Swings in the Crypto Market Could Substantally Inflate Transation Cash, POSING A SIGNFICANT RISK TO ITS RESERVES.
The Bok Further Pointed Out Bitcoin Fails to Meet The International Monetary Fund’s (IMF) Foreign Exchange Reserve Management Standards. The imf Emphasizes the Importance of Prudently Managing Liquidity, Market, and Credit Risks – Criteria That Bitcoin, With It ITS Eric Nature, Does Not Satisfy.
South Korea Enjoys a Flourishing Crypto EcoSystem, with Local Startups, Tokens, Exchanges and Firms Contribution Billions of Dollars in Daily Trading Volumes Withn a Relativ
BTC Trades Over $ 83.400 in Asian Afternoon Hours, Down 1% Over The Past 24 Hours.
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