Swiss National Bank: Will not purchase Bitcoin and other cryptocurrencies
According to Martin Schlegel, the head of the Swiss National Bank, despite US President Trump's push to establish a strategic reserve, the Swiss National Bank will not purchase Bitcoin and other cryptocurrencies due to their high volatility, lack of security and absence of a robust legal framework.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Next Week's Macro Outlook: Fed Rate Cut Cycle Set to Restart, Dot Plot Becomes New Market Focus
This week, the cumulative net inflow of US Ethereum spot ETFs reached $637.6 million.
Tether CEO: USAT, a US-regulated stablecoin, is planned to launch by the end of the year
Trending news
MoreCrypto prices
More
