Geneva, March 1, 2025 (AFP) - Swiss central bank head rules out bitcoin for reserves

NAMPA / AFP

2025-03-01

Switzerland's central bank boss said bitcoin is too volatile and not liquid enough for use as a reserve currency, amid calls for a referendum on the issue in the wealthy nation. Cryptocurrencies do not meet the standards "that a good currency should have," Martin Schlegel said in an interview published Saturday in newspapers of the Tamedia media group. They are "extremely volatile", making them difficult to manage, while currency reserves "must b......

Restricted content

Business & Finance News

Paris, March 1, 2025 (AFP) - European satellite launcher set for first commercial blast off

2025-03-01 13:30:38

Geneva, March 1, 2025 (AFP) - Swiss central bank head rules out bitcoin for reserves reserves

2025-03-01 11:30:37

Paris, March 1, 2025 (AFP) - European satellite launcher set for first commercial blast off

2025-03-01 10:30:12

New York, March 1, 2025 (AFP) - No yolk: NY egg prices soar as bird flu rages

2025-03-01 08:02:12

Shanghai, March 1, 2025 (AFP) - China manufacturing activity grows in February

2025-03-01 05:30:27

New York, Feb 28, 2025 (AFP) - US stocks finish gloomy week on positive note

2025-03-01 01:30:35

New York, Feb 28, 2025 (AFP) - US stocks finish gloomy week on positive note

2025-03-01 01:00:38

New York, Feb 28, 2025 (AFP) - US stocks gain, shrugging off Trump-Zelensky clash

2025-03-01 00:30:52

Paris, Feb 28, 2025 (AFP) - S&P keeps French debt rating but revises outlook down

2025-03-01 00:00:57

Washington, Feb 28, 2025 (AFP) - US Treasury chief pushes Canada, Mexico to match tariffs on China

2025-03-01 00:00:53

Tijuana, Mexico, Feb 28, 2025 (AFP) - Why Mexican manufacturers seem unfazed by threat of Trump tariffs

2025-02-28 23:00:40

Latest NAMPA photos

WINDHOEK, 01 March 2025 - South African President Cyril Ramaphosa arriving at Heroes' Acre in Windhoek for the burial of Namibia’s Founding President Sam Nujoma. (Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 01 March 2025 - Namibians from all walks of life are gathered at Heroes Acre for the burial of Founding President Sam Nujoma. (Photo by: Justina Shuumbwa)

NAMPA

WINDHOEK, 01 March 2025 - Namibian Police Force (NamPol) Inspector General, Lieutenant General Joseph Shikongo pictured at Heroes Acre ahead of the burial of Founding President Sam Nujoma. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 01 March 2025 - Namibians have flocked to Heroes’ Acre to witness the burial of Founding President Sam Nujoma. (Photo by: Linea Dishena) NAMPA

NAMPA

WINDHOEK, 28 February 2025 - President Nangolo Mbumba paying his last respects to Founding President Sam Nujoma during Friday's memorial service. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 28 February 2025 - Angolan President Joao Lourenco pictured during the memorial service for Founding President Sam Nujoma on Friday. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 28 February 2025 - Former President Hifikepunye Pohamba pictured during Founding President Sam Nujoma's memorial service on Friday. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 28 February 2025 - Zimbabwean President Emmerson Mnangagwa pays homage to Namibia's Founding President Sam Nujoma. (Photo by: Hesron Kapanga) NAMPA

NAMPA