The Swiss National Bank (SNB) is not currently interested in holding bitcoin, but may quickly add it to its reserves at some point. This was announced by the bank’s chairman, Thomas Jordan.
“Buying bitcoin is not a problem for us, we can either do it directly or buy bitcoin-based investment products. We can negotiate technical and operational terms relatively quickly when we are sure we should have bitcoin on our balance sheet. Right now, we don’t think bitcoin qualifies for currency reserves,” he said.
The bank’s reserves as of Dec. 31, 2021, were just over 1 trillion Swiss francs ($1.03 trillion), according to an annual report released in March.
Holpop News
Holpop News
Chairman of the Swiss National Bank said that the institution does not currently own bitcoin, but may acquire it in the future
posted on April 30, 2022 by holpop in Blockchain
