In addition to the opposition members, financial experts are studying the inclusion of the national reserves of South Korea. This discussion has gained traction after the recent changes in the US cryptocurrency policy.
The idea of combining bitcoin into national reserves has become a hot topic after a forum carried by the Democratic Party, as experts urged the government to adapt to the current trends in the encrypted currency.
In response, Kim Jong Seong, CEO of a company, called for a clear statement from the South Korean government. He stressed that if the United States continues to keep Bitcoin as part of its reserves, South Korea must follow its example to remain able to compete in the global financial scene.
The Chief Executive Officer’s statements were supported by many famous experts, including actor Kim Min Seok, who stated that the party will fix the encryption regulations if they reached power.
Interestingly, Kim Jong Seong noted that without stablecoins, the digital economy may face many challenges. He pointed out that Stablecoins can be an applicable alternative. In addition, Seo Eun-Sook and Kang Hyoung-Goo emphasized the importance of align with South Korea’s financial policies with current trends.
