Swiss Central Bank Rejects Bitcoin Reserve Plan Amid Referendum Push

His comments were a direct response to growing pressure from Swiss cryptocurrency advocates who are campaigning to amend the constitution and mandate Bitcoin alongside gold as a national reserve asset. Schlegel stated that Bitcoin does not meet the central bank’s strict standards for reserve assets. “Cryptocurrency cannot currently fulfil the requirements for our currency reserves,” he said. He pointed to two main concerns: limited market liquidity and excessive price volatility source: https://coindoo.com/swiss-central-bank-rejects-bitcoin-reserve-plan-amid-referendum-push/