Search results for foreign exchange reserves
Crypto
Bitcoin in \'turbulent period\' as crypto regulation bill stalls
Digital asset markets in the second week of March 2026 are swinging between optimism and concern. Forecasts say Bitcoin could top 500 million won and track gains in precious metals, though some warn it is unfit as central bank reserves. Attention is also on claims about Bitcoin’s origins, Ethereum’s “death spiral” warning, Solana overtaking Ethereum in RWA holders, and expectations for an XRP rally. U.S. crypto regulation remains stalled as stablecoins push into payments.
Finance
South Korea\'s forex reserves rise $1.72 billion in February on foreign exchange stabilisation bonds
South Korea’s foreign exchange reserves rose in February, ending two straight months of declines, the Bank of Korea said. Reserves stood at $427.62 billion at end-February, up $1.72 billion from a month earlier, helped by a $3 billion issue of foreign exchange stabilisation fund bonds and investment returns. The increase was smaller than the bond sale size due to exchange market volatility management and a strong dollar.
Crypto
VanEck sees bitcoin at $3 million by 2050, urges investors to hold
VanEck has issued a long-term outlook that bitcoin could reach $3 million by 2050, arguing the projection is based on expanding structural adoption in the global financial system rather than short-term market overheating. It assumes bitcoin’s gradual integration into mainstream finance and potential use in trade settlement and central bank reserves. The firm presented bear, base and bull scenarios ranging from $130,000 to $53.4 million. It recommended a 1 to 3 percent allocation.
