South Korea Urged to Consider Bitcoin Reserve in Response to U.S. Crypto Policies

In Brief

South Korean financial experts and opposition politicians propose integrating Bitcoin into national reserves.

Discussions coincide with President Trump’s Bitcoin Reserve announcement and growing global crypto adoption.

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A group of South Korean financial experts and Democratic Party lawmakers are calling for the country to develop a Bitcoin reserve and a won-backed stablecoin in response to the U.S. government’s growing crypto adoption.

At a forum held last Wednesday in the South Korean National Assembly, industry leaders discussed the potential risks of falling behind as the Trump administration moves forward with its own strategic Bitcoin reserve. The discussions came just a day before President Trump signed an executive order establishing a U.S. national Bitcoin stockpile, reinforcing the U.S. commitment to digital assets.

Lawmakers and industry executives argue that without a national crypto strategy, South Korea risks losing financial influence in global digital markets. Blockchain firm xCrypton’s CEO Kim Jong-seung warned that South Korea must take action to remain competitive.

Beyond Bitcoin reserves, industry voices have also emphasized the importance of a won-backed stablecoin. Without one, analysts caution that USD-pegged stablecoins may dominate trade transactions, reducing South Korea’s monetary sovereignty.

Japan and Hong Kong have already moved forward with digital asset stockpiles, and South Korea’s opposition Democratic Party has hinted that if it regains power, it will reshape the country’s crypto regulations to be more competitive.

As South Korea faces potential elections in May, the country’s stance on crypto reserves and stablecoin policies could become a major topic of debate.

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