The governor of the SNB denies the idea of being a SNB reserve "
According to online reports, according to local media reports, Swiss National Bank (SNB) President Martin Schlegel rejected the idea of using Bitcoin as a SNB reserve, citing lack of stability, liquidity and security. In an interview with Tamedia Group, Schlegel listed three main concerns surrounding cryptocurrencies. The first is the volatility of cryptocurrencies, which he believes makes cryptocurrencies unsuitable for long-term value preservation.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
