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Bitcoin Cointelegraph

Bitcoin isn’t a worthy reserve asset, Swiss National Bank president says: Report

Swiss National Bank President Martin Schlegel said Bitcoin is too volatile and lacks sufficient liquidity to be a reserve asset, as some in Switzerland have proposed.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin isn’t a worthy reserve asset, Swiss National Bank president says: Report

Swiss National Bank President Martin Schlegel said Bitcoin is too volatile and lacks sufficient liquidity to be a reserve asset, as some in Switzerland have proposed.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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