Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued.
The research paper based the idea of central bank risk hedging with bitcoin on the fact that many central banks – and in particular those facing a higher risk of US sanctions – in recent years have increased the share of their reserves made up by gold, a traditional central bank reserve asset….
Read More: Harvard Research Paper Urges Governments and Central Banks to Add Bitcoin to Reserves to Hedge ‘Sanction Risk’