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