LIVESwiss National Bank Chairman Talks About Bitcoin
Thomas Jordan, the long-standing chairman of the Swiss National Bank, recently opined that Bitcoin, the largest cryptocurrency by market capitalization, "is not something without risks."
The longest-serving governor of a major central bank is skeptical about recent calls to add Bitcoin to the list of its reserves, Reuters reports.
Jordan has noted that currency reserves are supposed to be liquid and sustainable.
Recently, Bitcoin activist Yves Bennaim has started an initiative to pass a constitutional amendment that would allow the SNB to hold Bitcoin as a reserve asset. The activist aims to collect 100,000 signatures in order to trigger a referendum.
This is an interesting development and any thing close to a success with this drive would impact positively on the price of Bitcoin.
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