The chairman of the Swiss National Bank (SNB) is reportedly skeptical about holding Bitcoin (BTC) as a reserve currency, stating that there are drawbacks to investing in the top cryptocurrency. During the central bank’s annual general meeting, Thomas Jordan emphasized the need for currency reserves to be liquid, sustainable, and easily tradable. Crypto advocates have been urging the SNB to allocate a portion of its reserves to BTC. Luzius Meisser, chairman of Bitcoin Suisse, presented his case for Bitcoin investment at the meeting, arguing that it would strengthen the Swiss franc and the independence of the SNB. As of now, Bitcoin is trading at $63,002, experiencing a 2% decline in the last 24 hours.
