According to CoinDesk, the Swiss National Bank refused to hold bitcoin reserves, citing concerns about the liquidity and volatility of the cryptocurrency market. SNB President Martin Schlegel said at the central bank conference on Friday that market liquidity, even if it sometimes seems good for cryptocurrencies, is naturally questioned during the crisis.
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According to CoinDesk, the Swiss National Bank refused to hold bitcoin reserves, citing concerns about the liquidity and volatility of the cryptocurrency market. SNB President Martin Schlegel said at the central bank conference on Friday that market liquidity, even if it sometimes seems good for cryptocurrencies, is naturally questioned during the crisis.