Harvard Research Paper Urges Governments and Central Banks to Add Bitcoin to Reserves to Hedge ‘Sanction Risk’
Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued. The research paper based th...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The research paper based the idea of central bank risk hedging with bitcoin on the fact that many central banks – and in particular those facing a higher risk of US sanctions – in recent years have increased the share of their reserves made up by gold, a traditional central bank reserve asset....
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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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