2025-03-02 05:45:00

Swiss National Bank (SNB) President Martin Schlegel does not want to see Bitcoin as a reserve asset for Switzerland, citing factors such as insufficient stability, Liquidity concerns, and security risks.

Schlegel told Swiss local media Tamedia on March 1st that the volatility of BTC and other cryptocurrencies is too high to maintain the value of SNB investments. "Secondly, our reserves need to be highly liquid so that they can be quickly used for monetary policy purposes when needed."
Schlegel also pointed out that since BTC and cryptocurrencies are operated by software, they are inherently vulnerable to bugs and technical weaknesses: "We all know that software may have bugs and other weaknesses."
While Schlegel acknowledges that the crypto market secures nearly $3 trillion in value, he says the industry is still a 'niche phenomenon' compared to the broader financial system. The Swiss central bank chief adds that he does not believe BTC or cryptocurrencies could replace the Swiss franc: 'We are not afraid of competition from cryptocurrencies.'#市场触底了吗？

BTC-0,47%

ME-1,22%

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