Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, South Korea’s central bank has confirmed it has not discussed or reviewed the possibility of a Bitcoin reserve. Jameson Lopp says quantum computers should not be used to restore lost Bitcoin and Libra’s controversial co-creator, Hayden Davies, has launched another memecoin that led to a 99% collapse.
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.
Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility.
