Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

Source: Coin Tegraph Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin…

Read More
Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

Source: Coin Tegraph Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin…

Read More
Cointelegraph Bitcoin & Ethereum Blockchain News

Cointelegraph Bitcoin & Ethereum Blockchain News

Source: Coin Tegraph What is Milei’s “Libragate” controversy? An X tweet by Argentine President Javier Milei resulted in a crypto controversy threatening his political position. It all started when Milei endorsed the token LIBRA on X, describing it as a project focused on boosting economic growth by supporting small businesses and startups.  Given Milei’s 3.8…

Read More