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Benzinga
Benzinga
Business
Adrian Zmudzinski

Swiss National Bank Could Arrange To Buy Bitcoin, But Chairman Says Not Yet

Swiss National Bank Bitcoin Thomas Jordan Crypto

Swiss National Bank Chairman Thomas Jordan noted that Bitcoin (CRYPTO: BTC) does not currently meet the requirements of its currency reserves, but if the conditions are met, the institution could arrange for its acquisition quickly.

What Happened: Jordan said when answering a question at the annual Swiss National Bank meeting that "buying Bitcoin is not a problem for us, we can do that either directly or can buy investment products which are based on Bitcoin," according to a Friday Coindesk report.

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