While inflation increases and economic uncertainty deepens, Switzerland faces new pressure to rethink its Bitcoin reserve strategy. A group of Crypto defenders has launched a referendum, urging the Swiss National Bank (SNB) to add bitcoin alongside gold to its reserves as a safeguard against global instability.
The Swiss National Bank rejects the Bitcoin reserve thrust
Despite the assembly calls, the SNB remains firm. During a recent meeting, the president of the SNB, Martin Schlegel, rejected the idea, calling Bitcoin too volatile for the official reserves of Switzerland. Schlegel stressed that the need for very liquid and stable assets in value – the Bitcoin damn, in his opinion, do not deliver in a coherent manner.
He also expressed his concerns about Bitcoin’s reliability, stressing that, being an active software, he could face technical problems. Schlegel stressed that the SNB did not intend to incorporate the crypto into its reserve strategy at the moment.
- Read also:
- Crypto News Today Live: Crypto Tax, Bitcoin Price, Pi Network Listing, XRP News, Dogecoin Price
- ,,
Global trends highlight an increasing interest in crypto reserves
While Switzerland maintains a cautious position on the regulation of cryptography, other countries are starting to explore different paths. The United States, for example, began to build a Bitcoin reserve using documents seized during criminal surveys, a decision that triggers discussions around the world.
Despite this, many governments remain hesitant, citing extreme volatility in prices and operational risks. For the moment, Switzerland seems to be engaged in its traditional financial framework, resisting global trends that slowly move to bitcoin and digital assets.
The growing debate on cryptographic regulations and the Bitcoin reserve strategy in Switzerland suggests that the pressure on the SNB may not facilitate any time.
Never miss a beat in the world of cryptography!
Stay in advance with the news, expert analysis and real -time updates on the latest Bitcoin, Altcoins, DEFI, NFTS, etc. trends
Faq
The Central Bank of Switzerland, the SNB, rejected the idea of adding bitcoin to its reserves, invoking concerns about volatility and technical risks.
The SNB believes that Bitcoin is too unstable and unpredictable for official reserves and highlights the need for very liquid and secure assets.
Yes, the United States began to accumulate Bitcoin from seized assets, arousing discussions on the adoption of cryptography among other nations.
