BOK GOV. SAYS CRYPTOCURRENCIES TO HAVE NO INTRINSIC VALUE

Highlights –

• BOK Gov. says cryptocurrencies have no intrinsic value.
• The country’s central bank also commented cryptocurrencies experience greater volatility.
• In February the price of Bitcoin surpassed $50,000.
• The BOK Gov. mentioned that it is not desirable for them to buy bonds issued by the Korean government.

South Korea’s central bank, B....