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South Korea snubs Bitcoin reserve as North Korea hoards BTC through cyber crime – TON BOT

South Korea snubs Bitcoin reserve as North Korea hoards BTC through cyber crime

South Korea’s central bank has ruled out Bitcoin as part of its foreign exchange reserves, citing concerns about liquidity, stability, and price fluctuations. This contrasts with the United States’ move to establish a strategic Bitcoin reserve. Meanwhile, North Korea has become one of the largest state-backed holders of Bitcoin, acquiring it through cybercriminal activities to fund its weapons program.


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