#whitehouse After the summit at the White House, the Australian government does not plan to create a strategic crypto reserve. Instead, it plans to strengthen oversight in this area and develop a clear regulatory framework.
The Swiss National Bank (SNB) also decided not to include bitcoin in its financial reserves. SNB President Martin Schlegel explained this decision by stating that cryptocurrencies do not meet the necessary characteristics of a reliable asset due to high volatility, low liquidity, and security issues. At the same time, the Australian government announced that it does not plan to create a strategic crypto reserve. Instead, the authorities of the country decided to actively engage in developing a regulatory framework for cryptocurrencies.
Please like and share with friends! Thank you! Read my other articles, thank you!
Wishing everyone successful transactions! Take care!