Interest rate differentials are once again dominating USD/CHF movements. Over the past month, there has been a rolling daily ...

Five students received cash for their good grades through Security National Bank of Enid’s Pays for A’s program, now in its 24th year of honoring area students.

ZURICH (Reuters) - Swiss inflation fell to its lowest level in nearly four years in February, government data showed on ...

Meanwhile, the Swiss National Bank (SNB) has rejected Bitcoin as a reserve asset, citing volatility, liquidity concerns, and security risks—a decision that could influence central banks worldwide.

Schlegel’s stance contradicts a proposal from Swiss Bitcoin nonprofit think tank 2B4CH, which aims to constitutionally mandate the SNB to hold Bitcoin on its balance sheet. Cryptonews has covered the ...

Riyadh – The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a SAR 3.4 billion mortgage portfolio acquisition agreement with the Saudi National Bank (SNB), Saudi Arabia’s largest ...

SNB profit edges up 6% to SAR 21.19B in 2024; Q4 at SAR 5.56B 12 M 2024 SNB profit grows 4% to SAR 15.6B in 9M 2024; Q3 at SAR 5.3B 9 M 2024 SNB profit up 2.3% to SAR 10.27B in H1 2024; Q2 at SAR ...

Despite global adoption, SNB prioritizes stability and liquidity, dismissing Bitcoin due to cybersecurity concerns and rapid price fluctuations. Martin Schlegel, President of the Swiss National Bank ...

Does bitcoin have a place in national reserves? For the Swiss National Bank, the answer is clear: no. Between excessive volatility and lack of liquidity, the SNB rejects the idea of incorporating ...

Swiss National Bank (SNB) President Martin Schlegel rejects the idea that the central bank should hold part of its reserves in bitcoin, as proposed by a people's initiative. Cryptocurrencies ...

Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing a lack of stability, liquidity, and security ...

Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks.