News list for " Swiss National Bank"
Swiss National Bank Governor: We have no restrictions on intervention in the foreign exchange market, and we will do so when we believe it is the right course of action.
Swiss National Bank President: We are ready to lower interest rates below zero if necessary.
The head of the Swiss National Bank said that we are ready to cut interest rates below zero if necessary.
Swiss National Bank President Schlegel: Switzerland does not need stablecoins.
Martin, deputy governor of the SNB, said that the SNB is not involved in manipulating the Swiss franc. It is essential that the central bank remains independent. Bitcoin does not meet our criteria for assets. (Gold Ten)
Swiss National Bank: Study various methods for settling tokenized assets in central bank currency.
Swiss National Bank President: Constructive talks with the United States on foreign exchange.
SNB President: Our mission is to achieve price stability in Switzerland, and we must ensure that goal, so we use interest rate and exchange rate instruments; we have expressed our readiness to intervene in the foreign exchange market if necessary.
Martin Schlegel, SNB governor, said on Friday: "Cryptocurrencies' market liquidity in times of crisis is called into question, and their high volatility is also a major risk for long-term value preservation. In short, it can be said that cryptocurrencies do not currently meet our high requirements for a reserve currency." He was responding to a proposal by the Bitcoin Initiative, an advocacy group, to increase its bitcoin holdings. The group's research said that if 1% of its investment was alloc...
Swiss National Bank Governor: Cryptocurrencies have very high volatility, and market liquidity in a crisis situation is questionable.
