Swiss National Bank Rejects Bitcoin as Reserve Asset Over Stability and Security Concerns
Schlegel’s stance contradicts a proposal from Swiss Bitcoin nonprofit think tank 2B4CH, which aims to constitutionally mandate the SNB to hold Bitcoin on its balance sheet.Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of adding Bitcoin to Switzerland’s reserve assets, citing concerns over stability, liquidity, and security risks.

Schlegel’s stance contradicts a proposal from Swiss Bitcoin nonprofit think tank 2B4CH, which aims to constitutionally mandate the SNB to hold Bitcoin on its balance sheet.

The initiative, currently in its early stages, has gained traction among crypto advocates pushing for greater institutional adoption.