The Swiss National Bank (SNB) uses foreign exchange intervention to influence its currency’s value. This article explores UBS’ recent analysis highlighting the potential for further interventions against a […]
SNB President Defends Bitcoin Exclusion, Stays Firm on Traditional Reserves
Martin Schlegel, the president of the Swiss National Bank (SNB), has staunchly refuted calls for the institution to hold Bitcoin in its reserves. In a clear statement at […]
SNB Remains Undeterred in Rejection of Bitcoin Reserves
The Swiss National Bank (SNB) reaffirmed its decision to exclude Bitcoin from its currency reserves, citing concerns over cryptocurrency volatility and liquidity. This stance highlights the bank’s cautious […]