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Swiss National Bank chief dismisses Bitcoin reserve calls

  • Swiss National Bank head Martin Schlegel dismissed calls for Bitcoin reserves on April 25 in Bern.
  • This rejection occurs amid a citizen initiative seeking a constitutional amendment to mandate central bank Bitcoin holdings.
  • Advocates argue Bitcoin offers a hedge against global economic risks and potential currency manipulation.
  • Schlegel stated, "Cryptocurrency cannot currently fulfill the requirements for our currency reserves."
  • The initiative continues seeking 100,000 signatures by June 30 to trigger a national referendum on the matter.
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Swiss cryptocurrency advocates are pushing for changes to the Swiss Constitution to include bitcoin in their reserves along with gold.

·Kyiv, Ukraine
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In 2025, the discussion about Bitcoin as a state reserve is picking up a lot of momentum. Bitcoin is increasingly gaining political acceptance and is leaving the purely financial world. [...] The post Krypto News: Keine Bitcoin-Reserve in der Schweiz! erschien zuerst auf Kryptoszene.de.

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PYMNTS.com broke the news in on Thursday, April 24, 2025.
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