Tag: central bank bitcoin

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Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’

May 1, 2022

Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,” the chairman of the Swiss central bank reportedly explained. Switzerland’s…
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Central Bankers Say Bitcoin Is High Risk Investment, Poor Store of Value, Could Collapse

September 10, 2021

Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank, believes bitcoin could collapse. Central Bankers Continue to…
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