Swiss National Bank VP dismisses Bitcoin as an official asset, highlighting central bank's stringent asset criteria.
Bitcoin News

Bitcoin Faces Critical Rejection from Swiss National Bank

The financial world recently turned its attention to a significant statement. The Swiss National Bank (SNB) has clarified its position on Bitcoin. Its Vice President stated that Bitcoin does not meet the bank’s strict asset criteria. This declaration carries considerable weight. It offers crucial insights into central bank perspectives on cryptocurrencies. Moreover, it highlights the […]

Shocking Stance: Swiss National Bank Rejects Bitcoin as Reserve Asset Citing Extreme Volatility
Bitcoin News

Shocking Stance: Swiss National Bank Rejects Bitcoin as Reserve Asset Citing Extreme Volatility

The world of cryptocurrency is no stranger to dramatic price swings, but when a central bank governor voices strong skepticism, it’s time to pay attention. Recently, Swiss National Bank (SNB) Governor Martin Schlegel delivered a clear message regarding Bitcoin and its potential role in national reserves: not happening. Let’s dive into the details of why […]