According to Odaily Planet Daily, Thomas Jordan, president of the Swiss National Bank (SNB), expressed doubts about the prospect of the central bank buying Bitcoin at the central bank's annual general meeting. The statement was made under continued pressure from advocates to amend Swiss legislation to allow cryptocurrencies to be included in national asset reserves. Jordan pointed out that adding Bitcoin to the Swiss National Bank's reserve assets could have potential negative effects, such as increasing carbon emissions, and emphasized the energy consumption associated with Bitcoin mining and trading.
He said that no decision has been made to invest in Bitcoin, and stressed the need for currency reserves to be liquid, sustainable and easy to trade in international payments. A few days ago, Swiss Bitcoin advocate, founder and chairman of the non-profit think tank 2B4CH, Yves Bennaïm, launched a referendum urging the Swiss National Bank (SNB) to include Bitcoin in the national asset reserves. The launch of this referendum depends on whether 100,000 valid signatures of Swiss citizens can be obtained. If the required number is reached, Swiss citizens will vote on the proposed amendment.