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    Bank of Korea : Market Risk due to Crypto Exposure is “Insignificant”

    A statement by Bank Of Korea (BOK)

    According to a report from a popular media outlet in South Korea ,Yonhap, the amount of crypto related asset investments are relatively low, compared with South Korea’s other local financial institutions and equity markets. The exceptional amount of 2 trillion won (approximately 1.79 billion USD) in the domestic banks’ virtual currency accounts was considered to...