SNB
3,047 views
15 Discussing
Hot
Latest
How Switzerland Can Persuade the SNB to Invest in Bitcoin
#SNB to #Invest in #Bitcoin : The Swiss National Bank (SNB) has long been recognized as a cornerstone of stability and conservative monetary policy. While the world embraces digital assets like Bitcoin, the SNB remains cautious, prioritizing its mandate of price stability and economic growth.
#SNB to #Invest in #Bitcoin : The Swiss National Bank (SNB) has long been recognized as a cornerstone of stability and conservative monetary policy. While the world embraces digital assets like Bitcoin, the SNB remains cautious, prioritizing its mandate of price stability and economic growth.
See original
Switzerland Proposes Establishing a Bitcoin Reserve Fund: A Revolution in National Finance?
Switzerland – a country known for its neutral and reliable financial system – is taking a groundbreaking step by proposing a constitutional amendment to include $BTC in the national reserves alongside gold. This move could place the country among the pioneers in applying cryptocurrency on a national scale.
Specific Constitutional Amendment Proposal
On December 31, 2024, the Bitcoin advocacy group in Switzerland led by Giw Zanganeh, Vice President of Energy and Mining at #Tether , along with Yves Bennaïm, the founder of the 2B4CH organization, announced plans to amend Article 99, Paragraph 3 of the Swiss Federal Constitution.
Specific Constitutional Amendment Proposal
On December 31, 2024, the Bitcoin advocacy group in Switzerland led by Giw Zanganeh, Vice President of Energy and Mining at #Tether , along with Yves Bennaïm, the founder of the 2B4CH organization, announced plans to amend Article 99, Paragraph 3 of the Swiss Federal Constitution.
See original
Bold Campaign Forces Swiss National Bank to Buy Bitcoin
A group of cryptocurrency activists in Switzerland has just launched a campaign to amend the constitution to compel the Swiss National Bank (SNB) to include $BTC in the national reserves, alongside gold. Despite many obstacles ahead, this move is attracting significant attention within the crypto community.
The goal of the campaign
The non-profit group 2B4CH, led by scholar Yves Bennaïm, is calling for a constitutional amendment to include Bitcoin in the national reserve asset category of #SNB . The main reason cited is Bitcoin's outstanding performance over the past decade, becoming the highest-yielding asset.
The goal of the campaign
The non-profit group 2B4CH, led by scholar Yves Bennaïm, is calling for a constitutional amendment to include Bitcoin in the national reserve asset category of #SNB . The main reason cited is Bitcoin's outstanding performance over the past decade, becoming the highest-yielding asset.
Does #bitcoin have a place in national reserves⁉️
For the #SwissNationalBank , the answer is clear: NO
Between excessive volatility & lack of liquidity, the #SNB rejects the idea of incorporating #cryptocurrency into its balance sheet, despite pressure from bitcoin advocates
For the #SwissNationalBank , the answer is clear: NO
Between excessive volatility & lack of liquidity, the #SNB rejects the idea of incorporating #cryptocurrency into its balance sheet, despite pressure from bitcoin advocates
See original
The Swiss National Bank rejects Bitcoin: A controversial decision
The Swiss National Bank (SNB) has officially rejected the proposal to hold Bitcoin in the national reserve portfolio. This decision has sparked much debate in the investment community and the crypto community.
Three reasons why the SNB refuses Bitcoin
Martin Schlegel, Chairman #SNB , in an interview with Tamedia, provided three main reasons why the SNB does not consider Bitcoin a suitable asset:
High volatility: Bitcoin and other cryptocurrencies frequently experience significant price fluctuations, making them unsuitable as national reserve assets.
Three reasons why the SNB refuses Bitcoin
Martin Schlegel, Chairman #SNB , in an interview with Tamedia, provided three main reasons why the SNB does not consider Bitcoin a suitable asset:
High volatility: Bitcoin and other cryptocurrencies frequently experience significant price fluctuations, making them unsuitable as national reserve assets.
Login to explore more contents