COINDESK DAILY: South Korea's Central Bank Rejects Bitcoin
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 17 March 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as South Korea’s central bank rejects establishing a bitcoin strategic reserve.
South Korea’s central bank rejects establishing a bitcoin strategic reserve, Telegram’s CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:00.0 | South Korea's central bank rejects hoarding Bitcoin. Telegram's CEO is free to travel and 3AC |
| 0:06.3 | gets a big creditor boost. It's Monday, March 17, 2025. I'm Christine Lee. This is Coiness Daily. |
| 0:19.3 | South Korea's central bank rejecting the idea of establishing a strategic Bitcoin reserve, citing |
| 0:24.8 | price and stability and potential risk to stable reserve assets like gold and foreign currencies. |
| 0:30.6 | The Korea Economic Daily reporting that the Bank of Korea further stated that Bitcoin |
| 0:35.1 | does not meet the international monetary funds foreign exchange |
| 0:38.5 | reserve management standards, which emphasized prudent management of liquidity, market, and |
| 0:43.2 | credit risks. |
| 0:44.5 | While the U.S. Czech Republic and Brazil have expressed positive opinions on a Bitcoin strategic |
| 0:49.9 | reserve, the Bank of Korea noted that the European Central Bank and Swiss National Bank |
| 0:54.5 | and the Japanese government have expressed negative opinions. |
| 0:58.7 | Telegrams tawns surging after French authorities returned the passport of CEO Pavel Durov, |
| 1:04.5 | allowing him to travel freely and return to Dubai. |
| 1:07.9 | Duraub's detention since August 24 stemmed from allegations of enabling illegal |
| 1:12.8 | activities on his messaging app. Telegrams serves nearly a billion users globally. The Todd |
| 1:18.5 | Foundation sees us as a win for free speech and digital privacy. Friends, Defi is having a moment. |
| 1:25.1 | Uniswap Labs web app and wallet connect you to the excitement. |
| 1:29.0 | Swapping and bridging our simple, low cost, and lightning fast across 13 chains, including |
| 1:33.5 | base, arbitrum and unichain, the new layer two network designed for defy. Thanks to deep liquidity |
| 1:39.0 | on uniswap protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswop v4. |
| 1:47.1 | Swap, send, on-ramp, off-ramp, and bridge into a bright future. |
| 1:50.8 | Get started at Uniswop.org. |
... |
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