According to Foresight News, South Korean financial experts and opposition party members have proposed incorporating Bitcoin into the national reserve and developing a stablecoin backed by the Korean won. The seminar aimed to analyze potential strategies in response to the United States' Bitcoin-centric national reserve initiatives. Kim Jong-seung, CEO of blockchain company xCrypton, emphasized the need for South Korea to respond with clear policies during an event preceding U.S. President Donald Trump's executive order announcement.