#Write2Earn! A local publication has reported that the Bank of Korea has decided to take a cautious approach regarding the potential inclusion of Bitcoin in its foreign reserves. On March 16, officials from the Bank of Korea responded to a question, emphasizing that they have not considered Bitcoin reserves due to its high volatility.

In response to the statement from Deputy Cha Gyu-geun of the National Assembly Planning and Finance Committee, central bankers stated that they "do not discuss or review" the addition of Bitcoin to foreign reserves. The bank highlighted the significant price volatility of Bitcoin and noted that instability in the cryptocurrency market could lead to sharp increases in transaction costs for cashing out Bitcoin.