Swiss National Bank Called to Invest in Bitcoin
Date: 2024-04-23 Author: Henry Casey Categories: IN WORLD
Preparation for the referendum
The Bitcoin Initiative is actively working to introduce Bitcoin into the reserves of the Swiss National Bank (SNB), pushing for the digital currency to be considered on par with gold as a reserve asset. Yves Bennaim, a spokesman for the initiative, expressed his belief that such a move would help the country maintain its sovereignty and neutrality in an increasingly unstable world.
Defense of sovereignty and neutrality
Bennaim stressed that the inclusion of Bitcoin in the reserves of the Swiss Central Bank will not only highlight the country as a cryptocurrency nation, but will also send a signal to society that it takes cryptocurrency seriously. Even a small investment in Bitcoin by a national bank, according to Leon Curti, head of research at Digital Asset Solutions, will have a significant signaling effect and underscore the country’s reputation as a progressive financial center.
