The Chairman of the Financial Services Commission of South Korea (FSC), Kim Beng-hwan, stated that there is currently no need to create a national Bitcoin reserve. He added that Seoul will monitor the reactions of other countries to the cryptocurrency initiatives of the United States and consider domestic economic conditions. Kim expressed doubts about the positive impact of cryptocurrencies on the economy and emphasized that the FSC will continue to monitor the market and fight against unfair trading.
11/25/2024 12:10:05 PM (GMT+1)
The FSC Chairman Kim Beng-hwan expressed doubts about the need for South Korea to accumulate Bitcoin, emphasizing caution in cryptocurrency policy ⚖️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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