The Bank of Korea has stated that it never considered adding BTC to its reserves and has no plans to do so in the future. The main reasons are Bitcoin’s high volatility and non-compliance with IMF standards
The European Central Bank, along with regulators in Switzerland and Japan, have also opposed this idea. Meanwhile, Czechia and Brazil are actively exploring the possibility of a Bitcoin reserve
South Korea remains cautious and is working on a crypto asset law, which is expected to be introduced in the second half of 2025