Swiss National Bank Chairman: Bitcoin Does Not Meet Currency Reserves Requirements

The Swiss National Bank’s Chairman Thomas Jordan revealed that the bank has decided not to have the world’s largest cryptocurrency on its balance sheet.

At the central bank’s annual general meeting on Friday, the Chairman stated that SNB does not believe that Bitcoin meets the requirements of currency reserves in the current perspective.

Compiling data from Chainalysis, Invezz found that the central European country boasts the highest gains per investor at $1,268.

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