The Swiss National Bank (SNB) President has declared that cryptocurrencies, including Bitcoin, are too volatile for inclusion in national reserves. This announcement impacts major cryptocurrencies and has elicited mixed reactions from the community regarding their potential role as reserve assets. Martin Schlegel emphasized concerns over high volatility and liquidity issues in crises, solidifying the SNB's cautious stance on digital assets for monetary stability. The decision may influence other central banks' approaches to cryptocurrencies, amid ongoing debates around regulation and institutional adoption. Full story here: https://coincu.com/335924-swiss-bank-cryptocurrency-decision

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