South Korean opposition and industry representatives call for Bitcoin to be included in national reserves
Odaily News South Korean financial experts and opposition politicians recently proposed in a congressional forum to include Bitcoin in the national reserves and promote the development of stablecoins backed by the Korean won. The discussion comes as the United States advances its Bitcoin reserve plan.
According to the Korea Herald, the seminar was hosted by the largest opposition party, the Democratic Party, and focused on analyzing the impact of the United States' promotion of Bitcoin reserves. The day after the forum, US President Trump signed an executive order to formally establish Bitcoin reserves and crypto asset reserves.
Earlier news, the White House held its first cryptocurrency summit on Friday afternoon, with industry leaders including MicroStrategy Chairman Michael Saylor and Coinbase CEO Brian Armstrong invited to attend. Trump emphasized at the summit that he hopes to promote a "cryptocurrency revival." (Decrypt)
