Central Banks Dey Reluctant Towards Bitcoin and Digital Assets; Few Dey Consider Strategic Bitcoin Reserves
One recent survey wey Bank for International Settlements do among 91 central banks wey dey manage over $7 trillion for reserves, show say dem no too like invest for digital assets. The findings show say the willingness to invest for digital assets don reduce sharply for the next five to ten years, e drop from 15.9% for 2024 to just 2.1% for 2025. Meanwhile, na only one central bank support the idea of strategic Bitcoin reserve, but majority of 59.5% no support am, and 39.3% still dey think am. This decrease for interest dey come as U.S. officials dey talk more about strategic Bitcoin reserves and dem dey worry about U.S. protectionism. The overall sentiment show say people no too wan put cryptocurrencies for main financial reserves, and this one dey show the challenges wey Bitcoin and other digital currencies dey face for central banking institutions to adopt dem.
Bearish
Say central banks dey reluctant to adopt digital assets, plus the sharp decline in interest for Bitcoin as strategic reserve, dey suggest bearish sentiment for cryptocurrency market. The reduced willingness to consider digital assets for central bank reserves dey reflect significant obstacle for integrating cryptocurrencies into global financial systems. Historical trends show say institutional hesitance often dey lead to reduced investor confidence and fit put downward pressure on digital asset prices. For short term, this news fit dampen positive market momentum for Bitcoin. Long-term prospects for mainstream acceptance also dey appear dimmed, potentially slowing broader adoption and integration of such assets into financial reserves.