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146 Swiss National Bank Chairman Rebuffs Bitcoin as Reserve Asset

Slashdot
msmash @ Slashdot · 04/25/2025 14:45 EDT

Swiss National Bank Chairman Rebuffs Bitcoin as Reserve Asset

The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards, rebuffing calls by crypto advocates that it hold bitcoin as a hedge against growing global economic risks. From a report: Cryptocurrency campaigners are ramping up pressure on the SNB to buy bitcoin, arguing that the economic turmoil triggered by U.S. President Donald Trump's tariffs made it more important for the central bank to diversify its reserves. They have launched a r

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