Crypto currency

Dismissing Clear Market Data, Swiss National Bank Chairman Says Bitcoin Not Liquid Enough

Today, a report emerged indicating that Chairman of the Swiss National Bank (SNB) Thomas Jordan commented on the liquidity of the “cryptocurrency” market.

“Cryptocurrencies are not liquid enough for the bank to have as one of its investment assets,” Jordan said.

While the chairman did not mention bitcoin by name specifically, bitcoin is by far the most liquid asset in the cryptocurrency market, and is the only logical choice for the central bank to add to its balance sheet among all “cryptocurrencies,” so it stands to reason that he is dismissing bitcoin’s liquidity.

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