Central Bank of Chile Confirms Bitcoin Cannot Qualify as Reserve Asset
TLDR Central Bank of Chile explicitly rejected adding Bitcoin to its reserves Bank states cryptocurrencies don't meet IMF requirements for reserve assets Legal restrictions in bank's charter prevent Bitcoin inclusion Requirements focus on security, liquidity, and quality for crisis periods Brazil, in contrast, has introduced a bill for strategic Bitcoin reserves The Central Bank of [.
TLDR Central Bank of Chile explicitly rejected adding Bitcoin to its reserves Bank states cryptocurrencies don't meet IMF requirements for reserve assets Legal restrictions in bank's charter prevent Bitcoin inclusion Requirements focus on security, liquidity, and quality for crisis periods Brazil, in contrast, has introduced a bill for strategic Bitcoin reserves The Central Bank of [. What's Your Reaction?
