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Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency ReservesThe chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future

Russia Considers Partially Replacing Dollar Reserves With Digital Assets in FutureAmid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even digital assets in the future. Foreign Ministry Official Sees Russia Acquiring […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’