Democratic Party to establish virtual asset policy direction... discussing Bitcoin inclusion in foreign exchange reserves

The Democratic Party of Korea is discussing specific policy directions including the incorporation of Bitcoin (BTC) into foreign exchange reserves.

According to industry sources on the 6th, the Democratic Party's Governance Plan Headquarters will hold a seminar titled 'Trump 2.0 Crypto Financial Era, South Korea's Response Strategy' to discuss specific virtual asset policy directions for Korea in response to the Donald Trump administration.

The seminar presentation includes content stating that "it is necessary to review whether it is possible to include Bitcoin in the foreign exchange reserves operated by the Bank of Korea and the Ministry of Economy and Finance" and the opinion that "ways for financial institutions to utilize Bitcoin as ETFs, bond collateral assets, and foreign exchange transaction means should also be studied."

In addition, plans to raise corporate capital using Real World Assets (RWA) tokens and the development of Korean won-based stablecoins will also be discussed.