Posted inThe Chain

‘No intrinsic value in crypto assets’: Bank of Korea chief

Bitcoin and other cryptos have no intrinsic value and their volatile price swings will likely intensify, according to the head of the Bank of Korea (BOK). “There is no intrinsic value in crypto assets,” BOK Governor Lee Ju-yeol told lawmakers, adding that the recent price surges are a temporary phenomenon, local news outlet Yonhap reports.  […]

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