The Bank of Korea has opted not to include Bitcoin in its foreign exchange reserves due to its high volatility and failure to meet the International Monetary Fund’s guidelines on liquidity and risk management.
Bitwise has launched a new exchange-traded fund.
Mt. Gox has recently transferred a considerable amount of Bitcoin, totaling 11,834 BTC (approximately $910 million).
Michael Saylor advocates for the US to engage in regular daily purchases of Bitcoin from 2025 to 2035, when the majority of the total supply will have been mined.
President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve and a stockpile of other digital assets.
Bitwise CIO Matt Hougan has suggested that the initiative will ultimately be positive for digital assets despite experiencing initial volatility.
Bukele has announced the acquisition of an additional five Bitcoins and dismissed any claims that the country’s BTC strategy was coming to an end.
