CoinVoice has recently learned from Coindesk that the Swiss National Bank refuses to hold Bitcoin reserves, citing concerns over the liquidity and fluctuation of the crypto assets market. Swiss Central Bank President Martin Schlegel said at the central bank conference on Friday: "For crypto assets, market liquidity may sometimes appear decent, but it is naturally questioned during a crisis. Crypto assets are also known for their high fluctuation, which poses a risk to long-term value preservation. In short, it can be said that crypto assets currently do not meet our high requirements for currency reserves."
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinVoice has recently learned from Coindesk that the Swiss National Bank refuses to hold Bitcoin reserves, citing concerns over the liquidity and fluctuation of the crypto assets market. Swiss Central Bank President Martin Schlegel said at the central bank conference on Friday: "For crypto assets, market liquidity may sometimes appear decent, but it is naturally questioned during a crisis. Crypto assets are also known for their high fluctuation, which poses a risk to long-term value preservation. In short, it can be said that crypto assets currently do not meet our high requirements for currency reserves."