Financial experts and Democratic Party attend a meeting at the National Assembly in Seoul on Thursday to explore policy responses to global shifts in cryptocurrency finance. - Yonhap via The Korea Herald/ANN
SEOUL: South Korea should consider integrating bitcoin into its national reserves and issuing a won-backed stablecoin, financial experts and industry leaders said at a forum on Thursday (March 6).
At the seminar, hosted at the National Assembly by the main opposition Democratic Party, the CEO of blockchain firm xCrypton, Kim Jong-seung, stressed the need for a strategic response if the US moves to create a "national strategic reserve of cryptocurrencies,” as announced by President Donald Trump. Trump is widely expected to unveil a related plan at the White House Crypto Summit on Friday.
