The Swiss National Bank (SNB) is being urged to include cryptocurrency in their reserves

A piece in Swiss newspaper Neue Zürcher Zeitung on Bitcoin lobbyists working to have the Swiss National Bank include the cryptocurrency in reserves:

  • “By including Bitcoin in its reserves, Switzerland would mark its independence from the European Central Bank. Such a step would strengthen our neutrality,” Luzius Meisser, president of asset manager Bitcoin Suisse, told local media.

Back in 2022, an advocacy group recommended the SNB purchase 1 billion Swiss francs worth of bitcoin per month in lieu of German government bonds.

The report is here (you may need to translate it)

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This article was written by Eamonn Sheridan at www.forexlive.com. Source