Swiss National Bank Dismisses Bitcoin Reserve Proposal Despite Support from Trump: What It Means for Cryptocurrency’s Future
The Swiss National Bank (SNB) has rejected the idea of holding Bitcoin as a reserve asset. Vice Chairman Martin Schlegel expressed concerns about Bitcoin’s volatility, security risks, and liquidity issues. This decision contrasts with the rising global interest in Bitcoin from corporations and governments, especially in the U.S. While countries like El Salvador are adopting ...