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Swiss National Bank Rejects Calls to Add Bitcoin Reserves

CoinDesk LogoCoinDesk14h ago

Swiss National Bank Rejects Calls to Add Bitcoin Reserves - CoinDesk

Quick Summary:

In comments Friday, SNB President Martin Schlegel said holding bitcoin raises liquidity and volatility risks for Switzerland.

Without bitcoin, the Swiss National Bank's investments grew by about 10% since 2015.

A 1% bitcoin allocation to the central bank’s portfolio would have nearly doubled returns over the same period, according to a Bitcoin Initiative portfolio simulation.

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Article Details

Author / Journalist: Christine Lee

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 21:03:56 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 642 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28211149

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 15 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://encashes.beamstart.com/news/swiss-national-bank-rejects-calls-17456169949435

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