Russia May Consider Crypto Reserve if Liquidity Target Met

March 6, 2025

Catenaa, Thursday, March 06-Russia Finance Ministry has stated it has no immediate plans to establish a national cryptocurrency reserve but could reconsider if the country’s National Welfare Fund (NWF) reaches a liquidity level of 7-10% of GDP.  Deputy Finance Minister Vladimir Kolychev said the ministry currently deems crypto assets too volatile for inclusion in the […]

South Korea Central Bank Rules Out Bitcoin Reserves

March 17, 2025

Catenaa, Monday, March 17, 2025-The Bank of Korea (BOK) confirmed Sunday it has no plans to include bitcoin in its foreign exchange reserves, citing volatility and International Monetary Fund (IMF) guidelines.  Responding to a National Assembly inquiry, the central bank said bitcoin’s price fluctuations could lead to high transaction costs when converting it into cash. […]