Swiss National Bank says no to Bitcoin reserve—no plans to buy crypto assets

The Swiss National Bank (SNB) has firmly stated it will not invest in Bitcoin or any cryptocurrencies, citing volatility and legal concerns. Vice President Martin Schlegel reiterated that cryptocurrencies do not fit the bank’s strategy for reserves.

In contrast, the U.S. Is progressing towards a strategic crypto reserve. The recent launch of regulated XRP futures signals a significant shift in the crypto derivatives landscape, reflecting ongoing efforts to enhance regulatory clarity.

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