
Swiss Bank Chief Snubs Bitcoin, Says It’s Too Risky For Reserves | TheSpuzz
Source: Bitcoinist The Swiss National Bank (SNB) has rejected the notion of incorporating Bitcoin into its reserves. The central bank has no interest in retaining the cryptocurrency, as it is too volatile and risky, according to SNB President Martin Schlegel. Price Swings Raise Concerns Schlegel cited Bitcoin’s unpredictable price fluctuations as a significant factor in…