SCB and Swiss Nat Bank understand $Bitcoin... stated in 2022 Swiss National Bank: 'Buying Bitcoin Is Not a Problem for Us
Switzerland’s Central Bank on Buying and Holding Bitcoin as a Reserve Currency
The Swiss National Bank could buy and hold bitcoin as a reserve currency if the cryptocurrency meets the bank’s currency reserves requirements, Chairman Thomas Jordan reportedly said at the central bank’s annual general meeting Friday.
The Swiss central bank chief was quoted by Reuters as saying:
Buying bitcoin is not a problem for us. We can do that either directly or can buy investment products which are based on bitcoin
Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,” the chairman of the Swiss central bank reportedly explained