3 days ago · BERN, April 25 (Reuters) - The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards, rebuffing calls by crypto advocates that it hold bitcoin as a hedge against growing global economic risks. Cryptocurrency campaigners are ...

3 days ago · On the last day of 2024, the Swiss Federal Chancellery initiated a proposal to constitutionally mandate the Swiss National Bank to hold Bitcoin on its balance sheet. The proposal needs to gather ...

4 days ago · Without bitcoin, the Swiss National Bank's investments grew by about 10% since 2015. A 1% bitcoin allocation to the central bank’s portfolio would have nearly doubled returns over the same ...

3 days ago · The Swiss National Bank rejected growing calls to adopt Bitcoin as part of its foreign currency reserves, saying cryptocurrencies fail to meet its requirements for liquidity and stability.. Speaking at the central bank’s annual shareholder meeting in Bern, SNB Chairman Martin Schlegel said the institution needs assets it can reliably buy and sell, and warned that digital currencies show too ...

3 days ago · Swiss National Bank chief Martin Schlegel rejects Bitcoin as a reserve asset, citing stability and liquidity concerns. By Rose Nnamdi Editor Hamza Tariq Apr 25, 2025 at 04:04 PM Updated Apr 25 ...

Mar 1, 2025 · The Swiss National Bank (SNB) has made its stance on Bitcoin crystal clear—it’s not interested. Despite growing global adoption and a push from Swiss crypto advocates, SNB President Martin Schlegel has firmly rejected the idea of adding Bitcoin to the bank’s reserves.

Mar 1, 2025 · Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing a lack of stability, liquidity, and...

Mar 1, 2025 · Swiss National Bank (SNB) President Martin Schlegel rejects the idea that the central bank should hold part of its reserves in bitcoin, as proposed by a people's initiative.

Mar 1, 2025 · Swiss National Bank (SNB) Chair Martin Schlegel firmly opposed including Bitcoin in the national reserve, calling it incompatible with central bank requirements.

4 days ago · SNB holds 75% reserves in USD and EUR as crypto campaign seeks 1–2% allocation to Bitcoin. 11% of Swiss citizens invest in crypto, highlighting growing blockchain adoption. Cryptocurrency advocates in Switzerland have stepped up to persuade the Swiss National Bank (SNB) to hold Bitcoin in its foreign reserves.