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Swiss Central Bank Chief Dismisses Bitcoin as Reserve Asset Amid Swiss Crypto Initiative

President of Swiss National Bank (SNB), Martin Schlegel has dismissed a proposal for the central bank to hold bitcoin in its reserves, citing volatility, liquidity concerns, and security risks. Swiss National Bank Pushes...

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

Swiss Central Bank Chief Dismisses Bitcoin as Reserve Asset Amid Swiss Crypto Initiative
President of Swiss National Bank (SNB), Martin Schlegel has dismissed a proposal for the central bank to hold bitcoin in its reserves, citing volatility, liquidity concerns, and security risks. Swiss National Bank Pushes Back Against Bitcoin Reserve Proposal Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of […]

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

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